Working Paper 08-8
Multilateralism beyond Doha
by Aaditya Mattoo, The World Bank
and Arvind Subramanian, Peterson Institute for International Economics
View full document [pdf]
A fundamental shift is 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: (1) the traditional negotiating dynamic, driven by private-sector interests largely in the rich countries, is running out of steam; (2) 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; (3) international economic integration can contribute to enhanced security; (4) addressing these new concerns—relating to food, energy, and economic security—requires a wider agenda of multilateral cooperation, involving not just the World Trade Organization but other multilateral institutions as well; and (5) 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.
Paper: From Drift to Deals: Advancing the WTO Agenda
Op-ed: Too Much Legitimacy Can Hurt Global Trade
January 13, 2013
Policy Brief 12-11: Will the World Trade Organization Enjoy a Bright Future?
Op-ed: The G-20 Is Failing
April 12, 2012
Paper: The Doha Dilemma: Implications for Korea and the Multilateral Trading System
September 26, 2011
Policy Brief 11-8: What Should the United States Do about Doha?
Op-ed: US Trade Policy and the Doha Round: An Alternative View
May 18, 2011
Book: Figuring Out the Doha Round June 2010
Policy Brief 10-11: A Trade Agenda for the G-20
Working Paper 09-6: What's on the Table? The Doha Round as of August 2009
Article: A Crisis Round of Trade Negotiations?
March 30, 2009
Op-ed: A 5-Step Program for Doha Rehabilitation: Rational Expectations about the Doha Round Negotiations
July 18, 2008
Working Paper 08-2: Currency Undervaluation and Sovereign Wealth Funds: A New Role for the World Trade Organization
Book: Global Warming and the World Trading System March 2009
Book: Delivering on Doha: Farm Trade and the Poor July 2006