Multilateralism beyond Doha

There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to adapt. The Doha process focused on issues of limited significance while the burning issues of the day were not even on the negotia...

Full description

Bibliographic Details
Main Authors: Mattoo, Aaditya, Subramanian, Arvind
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
OIL
TAX
WTO
Online Access:http://documents.worldbank.org/curated/en/2008/09/9892720/multilateralism-beyond-doha
http://hdl.handle.net/10986/6950
id okr-10986-6950
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVANCED COUNTRIES
ADVERSE CONSEQUENCE
ADVERSE IMPACT
AGRICULTURAL PROTECTION
AGRICULTURE
ARBITRAGE
BANK POLICY
BENEFICIARIES
BOND
BOND MARKETS
BUDGETARY SUPPORT
CAPITAL ACCOUNT
CAPITAL ADEQUACY
CAPITAL IMPORTERS
CARBON
CARTEL
CLIMATE CHANGE
CLIMATE CHANGE NEGOTIATIONS
CODE OF CONDUCT
COLLECTIVE ACTION
COLLUSION
COMMODITIES
COMMODITY
COMMODITY PRICES
COMPARATIVE ADVANTAGE
COMPETITION POLICY
COMPETITIVENESS
CONDITIONALITY
CONSUMER
CONSUMER INTERESTS
CONSUMERS
CONTRIBUTION
CREDITOR
CROSS-BORDER FLOWS
CURRENCY
CURRENT ACCOUNT
CURRENT ACCOUNT SURPLUS
CURRENT ACCOUNT SURPLUSES
DERIVATIVE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DIVISION OF LABOR
DOMESTIC PRICES
DUMPING
DURABLE
ECONOMIC ACTIVITY
ECONOMIC ANALYSIS
ECONOMIC CIRCUMSTANCES
ECONOMIC INTEGRATION
ECONOMIC LAW
ECONOMIC PERFORMANCE
ECONOMIC POWER
ECONOMIC SECURITY
ECONOMICS
EMERGING MARKET
EMERGING MARKET COUNTRIES
EMERGING MARKET ECONOMIES
EMERGING-MARKET
EMISSION REDUCTIONS
EMISSIONS
EMISSIONS TARGETS
ENFORCEMENT MECHANISM
ENFORCEMENT MECHANISMS
ENFORCEMENT PROCESS
ENVIRONMENTAL
ENVIRONMENTAL ISSUES
ENVIRONMENTAL POLICIES
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL STANDARDS
EQUILIBRIUM
EXCESS DEMAND
EXCESS LIQUIDITY
EXCESS SUPPLY
EXCHANGE RATE
EXCHANGE RATES
EXPLOITATION
EXPORT BARRIERS
EXPORT MARKETS
EXPORTERS
EXPORTS
FINANCIAL ASSISTANCE
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL OPENNESS
FINANCIAL REGULATION
FINANCIAL SECTOR
FINANCIAL SECTOR LIBERALIZATION
FINANCIAL SECURITY
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL SYSTEM
FLOW OF CAPITAL
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FOREIGN ASSETS
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN DIRECT INVESTMENTS
FOREIGN EXCHANGE
FOREIGN EXCHANGE RESERVES
FOREIGN FINANCIAL INSTITUTIONS
FOREIGN GOVERNMENTS
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FOREIGN MARKETS
GDP
GLOBAL ECONOMIC LANDSCAPE
GLOBALIZATION
GOVERNMENT ACTION
GOVERNMENT BONDS
GROSS DOMESTIC PRODUCT
HOLDING
HOLDINGS
IMMUNITY
IMPORT BARRIERS
IMPORTS
INCOME
INCOME SOURCE
INDUSTRIAL COUNTRIES
INDUSTRIAL COUNTRY
INFLATION
INFORMATION TECHNOLOGY
INSTRUMENT
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL COOPERATION
INTERNATIONAL ECONOMICS
INTERNATIONAL SETTLEMENTS
INVESTMENT BARRIERS
INVESTMENT FLOWS
INVESTMENT FUNDS
JURISDICTION
JURISDICTIONS
LDCS
LEGISLATION
LIBERALIZATION
LOW INCOME
MARKET ACCESS
MARKET MECHANISM
METALS
MIDDLE EASTERN
MONETARY FUND
MULTILATERAL TRADE
NATIONAL SECURITY
NATURAL RESOURCES
OIL
OIL PRICE
OIL PRICES
OIL RESOURCES
OPEC
OPEN MARKETS
OUTPUT
PARTICULAR COUNTRIES
PERVERSE INCENTIVES
POLICY INSTRUMENTS
POLICY RESPONSES
POLITICAL ECONOMY
PORTFOLIO
PORTFOLIO ALLOCATIONS
PREFERENTIAL ACCESS
PRICE BANDS
PRICE FIXING
PRICE INCREASES
PRIVATE EQUITY
PRIVATIZATION
PRODUCERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PRODUCTIVITY INCREASES
PROSPERITY
PROTECTIONISM
QUOTAS
RECESSION
REGIONAL INTEGRATION
REGIONAL TRADE
REGULATORS
RESPONSIBILITIES
RETIREMENT
RETURN
RETURNS
SAFETY NETS
SALES
SAVINGS
SECURITY CONCERNS
SETTLEMENT
SETTLEMENT SYSTEM
SHARE OF PROFITS
SKILLED WORKERS
SUPPLY CURVE
TAX
TAX CREDIT
TELECOMMUNICATIONS
TRADE BARRIERS
TRADE DISPUTES
TRADE DIVERSION
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE TAX
TRADING
TRADING SYSTEM
TREASURY
UNDERVALUATION
URUGUAY ROUND
VALUABLE
WAGES
WEALTH
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD MARKETS
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
spellingShingle ADVANCED COUNTRIES
ADVERSE CONSEQUENCE
ADVERSE IMPACT
AGRICULTURAL PROTECTION
AGRICULTURE
ARBITRAGE
BANK POLICY
BENEFICIARIES
BOND
BOND MARKETS
BUDGETARY SUPPORT
CAPITAL ACCOUNT
CAPITAL ADEQUACY
CAPITAL IMPORTERS
CARBON
CARTEL
CLIMATE CHANGE
CLIMATE CHANGE NEGOTIATIONS
CODE OF CONDUCT
COLLECTIVE ACTION
COLLUSION
COMMODITIES
COMMODITY
COMMODITY PRICES
COMPARATIVE ADVANTAGE
COMPETITION POLICY
COMPETITIVENESS
CONDITIONALITY
CONSUMER
CONSUMER INTERESTS
CONSUMERS
CONTRIBUTION
CREDITOR
CROSS-BORDER FLOWS
CURRENCY
CURRENT ACCOUNT
CURRENT ACCOUNT SURPLUS
CURRENT ACCOUNT SURPLUSES
DERIVATIVE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DIVISION OF LABOR
DOMESTIC PRICES
DUMPING
DURABLE
ECONOMIC ACTIVITY
ECONOMIC ANALYSIS
ECONOMIC CIRCUMSTANCES
ECONOMIC INTEGRATION
ECONOMIC LAW
ECONOMIC PERFORMANCE
ECONOMIC POWER
ECONOMIC SECURITY
ECONOMICS
EMERGING MARKET
EMERGING MARKET COUNTRIES
EMERGING MARKET ECONOMIES
EMERGING-MARKET
EMISSION REDUCTIONS
EMISSIONS
EMISSIONS TARGETS
ENFORCEMENT MECHANISM
ENFORCEMENT MECHANISMS
ENFORCEMENT PROCESS
ENVIRONMENTAL
ENVIRONMENTAL ISSUES
ENVIRONMENTAL POLICIES
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL STANDARDS
EQUILIBRIUM
EXCESS DEMAND
EXCESS LIQUIDITY
EXCESS SUPPLY
EXCHANGE RATE
EXCHANGE RATES
EXPLOITATION
EXPORT BARRIERS
EXPORT MARKETS
EXPORTERS
EXPORTS
FINANCIAL ASSISTANCE
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL OPENNESS
FINANCIAL REGULATION
FINANCIAL SECTOR
FINANCIAL SECTOR LIBERALIZATION
FINANCIAL SECURITY
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL SYSTEM
FLOW OF CAPITAL
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FOREIGN ASSETS
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN DIRECT INVESTMENTS
FOREIGN EXCHANGE
FOREIGN EXCHANGE RESERVES
FOREIGN FINANCIAL INSTITUTIONS
FOREIGN GOVERNMENTS
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FOREIGN MARKETS
GDP
GLOBAL ECONOMIC LANDSCAPE
GLOBALIZATION
GOVERNMENT ACTION
GOVERNMENT BONDS
GROSS DOMESTIC PRODUCT
HOLDING
HOLDINGS
IMMUNITY
IMPORT BARRIERS
IMPORTS
INCOME
INCOME SOURCE
INDUSTRIAL COUNTRIES
INDUSTRIAL COUNTRY
INFLATION
INFORMATION TECHNOLOGY
INSTRUMENT
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL COOPERATION
INTERNATIONAL ECONOMICS
INTERNATIONAL SETTLEMENTS
INVESTMENT BARRIERS
INVESTMENT FLOWS
INVESTMENT FUNDS
JURISDICTION
JURISDICTIONS
LDCS
LEGISLATION
LIBERALIZATION
LOW INCOME
MARKET ACCESS
MARKET MECHANISM
METALS
MIDDLE EASTERN
MONETARY FUND
MULTILATERAL TRADE
NATIONAL SECURITY
NATURAL RESOURCES
OIL
OIL PRICE
OIL PRICES
OIL RESOURCES
OPEC
OPEN MARKETS
OUTPUT
PARTICULAR COUNTRIES
PERVERSE INCENTIVES
POLICY INSTRUMENTS
POLICY RESPONSES
POLITICAL ECONOMY
PORTFOLIO
PORTFOLIO ALLOCATIONS
PREFERENTIAL ACCESS
PRICE BANDS
PRICE FIXING
PRICE INCREASES
PRIVATE EQUITY
PRIVATIZATION
PRODUCERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PRODUCTIVITY INCREASES
PROSPERITY
PROTECTIONISM
QUOTAS
RECESSION
REGIONAL INTEGRATION
REGIONAL TRADE
REGULATORS
RESPONSIBILITIES
RETIREMENT
RETURN
RETURNS
SAFETY NETS
SALES
SAVINGS
SECURITY CONCERNS
SETTLEMENT
SETTLEMENT SYSTEM
SHARE OF PROFITS
SKILLED WORKERS
SUPPLY CURVE
TAX
TAX CREDIT
TELECOMMUNICATIONS
TRADE BARRIERS
TRADE DISPUTES
TRADE DIVERSION
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE TAX
TRADING
TRADING SYSTEM
TREASURY
UNDERVALUATION
URUGUAY ROUND
VALUABLE
WAGES
WEALTH
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD MARKETS
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
Mattoo, Aaditya
Subramanian, Arvind
Multilateralism beyond Doha
relation Policy Research Working Paper; No. 4735
description There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to adapt. The Doha process focused on issues of limited significance while the burning issues of the day were not even on the negotiating agenda. This paper advances five propositions: (i) the traditional negotiating dynamic, driven by private sector interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of relative abundance to relative scarcity, and so economic security has become a paramount concern for consumers, workers, and ordinary citizens; (iii) international economic integration can contribute to enhanced security; (iv) addressing these new concerns - relating to food, energy, and economic security - requires a wider agenda of multilateral cooperation, involving not just the WTO but other multilateral institutions; and (v) despite shifts in economic power across countries, the commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting.
format Publications & Research :: Policy Research Working Paper
author Mattoo, Aaditya
Subramanian, Arvind
author_facet Mattoo, Aaditya
Subramanian, Arvind
author_sort Mattoo, Aaditya
title Multilateralism beyond Doha
title_short Multilateralism beyond Doha
title_full Multilateralism beyond Doha
title_fullStr Multilateralism beyond Doha
title_full_unstemmed Multilateralism beyond Doha
title_sort multilateralism beyond doha
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/09/9892720/multilateralism-beyond-doha
http://hdl.handle.net/10986/6950
_version_ 1764401402965131264
spelling okr-10986-69502021-04-23T14:02:32Z Multilateralism beyond Doha Mattoo, Aaditya Subramanian, Arvind ADVANCED COUNTRIES ADVERSE CONSEQUENCE ADVERSE IMPACT AGRICULTURAL PROTECTION AGRICULTURE ARBITRAGE BANK POLICY BENEFICIARIES BOND BOND MARKETS BUDGETARY SUPPORT CAPITAL ACCOUNT CAPITAL ADEQUACY CAPITAL IMPORTERS CARBON CARTEL CLIMATE CHANGE CLIMATE CHANGE NEGOTIATIONS CODE OF CONDUCT COLLECTIVE ACTION COLLUSION COMMODITIES COMMODITY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITION POLICY COMPETITIVENESS CONDITIONALITY CONSUMER CONSUMER INTERESTS CONSUMERS CONTRIBUTION CREDITOR CROSS-BORDER FLOWS CURRENCY CURRENT ACCOUNT CURRENT ACCOUNT SURPLUS CURRENT ACCOUNT SURPLUSES DERIVATIVE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DIVISION OF LABOR DOMESTIC PRICES DUMPING DURABLE ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC CIRCUMSTANCES ECONOMIC INTEGRATION ECONOMIC LAW ECONOMIC PERFORMANCE ECONOMIC POWER ECONOMIC SECURITY ECONOMICS EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKET ECONOMIES EMERGING-MARKET EMISSION REDUCTIONS EMISSIONS EMISSIONS TARGETS ENFORCEMENT MECHANISM ENFORCEMENT MECHANISMS ENFORCEMENT PROCESS ENVIRONMENTAL ENVIRONMENTAL ISSUES ENVIRONMENTAL POLICIES ENVIRONMENTAL PROTECTION ENVIRONMENTAL STANDARDS EQUILIBRIUM EXCESS DEMAND EXCESS LIQUIDITY EXCESS SUPPLY EXCHANGE RATE EXCHANGE RATES EXPLOITATION EXPORT BARRIERS EXPORT MARKETS EXPORTERS EXPORTS FINANCIAL ASSISTANCE FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL OPENNESS FINANCIAL REGULATION FINANCIAL SECTOR FINANCIAL SECTOR LIBERALIZATION FINANCIAL SECURITY FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SYSTEM FLOW OF CAPITAL FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FOREIGN ASSETS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCIAL INSTITUTIONS FOREIGN GOVERNMENTS FOREIGN INVESTMENT FOREIGN INVESTMENTS FOREIGN MARKETS GDP GLOBAL ECONOMIC LANDSCAPE GLOBALIZATION GOVERNMENT ACTION GOVERNMENT BONDS GROSS DOMESTIC PRODUCT HOLDING HOLDINGS IMMUNITY IMPORT BARRIERS IMPORTS INCOME INCOME SOURCE INDUSTRIAL COUNTRIES INDUSTRIAL COUNTRY INFLATION INFORMATION TECHNOLOGY INSTRUMENT INSURANCE INTELLECTUAL PROPERTY INTEREST RATES INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL ECONOMICS INTERNATIONAL SETTLEMENTS INVESTMENT BARRIERS INVESTMENT FLOWS INVESTMENT FUNDS JURISDICTION JURISDICTIONS LDCS LEGISLATION LIBERALIZATION LOW INCOME MARKET ACCESS MARKET MECHANISM METALS MIDDLE EASTERN MONETARY FUND MULTILATERAL TRADE NATIONAL SECURITY NATURAL RESOURCES OIL OIL PRICE OIL PRICES OIL RESOURCES OPEC OPEN MARKETS OUTPUT PARTICULAR COUNTRIES PERVERSE INCENTIVES POLICY INSTRUMENTS POLICY RESPONSES POLITICAL ECONOMY PORTFOLIO PORTFOLIO ALLOCATIONS PREFERENTIAL ACCESS PRICE BANDS PRICE FIXING PRICE INCREASES PRIVATE EQUITY PRIVATIZATION PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROSPERITY PROTECTIONISM QUOTAS RECESSION REGIONAL INTEGRATION REGIONAL TRADE REGULATORS RESPONSIBILITIES RETIREMENT RETURN RETURNS SAFETY NETS SALES SAVINGS SECURITY CONCERNS SETTLEMENT SETTLEMENT SYSTEM SHARE OF PROFITS SKILLED WORKERS SUPPLY CURVE TAX TAX CREDIT TELECOMMUNICATIONS TRADE BARRIERS TRADE DISPUTES TRADE DIVERSION TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE TAX TRADING TRADING SYSTEM TREASURY UNDERVALUATION URUGUAY ROUND VALUABLE WAGES WEALTH WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION WORTH WTO There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to adapt. The Doha process focused on issues of limited significance while the burning issues of the day were not even on the negotiating agenda. This paper advances five propositions: (i) the traditional negotiating dynamic, driven by private sector interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of relative abundance to relative scarcity, and so economic security has become a paramount concern for consumers, workers, and ordinary citizens; (iii) international economic integration can contribute to enhanced security; (iv) addressing these new concerns - relating to food, energy, and economic security - requires a wider agenda of multilateral cooperation, involving not just the WTO but other multilateral institutions; and (v) despite shifts in economic power across countries, the commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. 2012-06-01T22:14:06Z 2012-06-01T22:14:06Z 2008-09 http://documents.worldbank.org/curated/en/2008/09/9892720/multilateralism-beyond-doha http://hdl.handle.net/10986/6950 English Policy Research Working Paper; No. 4735 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research