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What Future for the WTO?

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  • Gary Hufbauer
  • Cathleen Cimino

Abstract

The past decade has been troubling for the World Trade Organization (WTO). After 12 hard years of negotiation, and multiple missed deadlines, stakes are high for breaking the many logjams that obstruct the Doha Development Round. This article assesses what can be salvaged from the Doha Round and the associated global payoffs, and it provides guidelines for maintaining the relevance of the WTO moving forward. There is good reason for measured optimism, but for optimism to be sustained, trade ministers must deliver something meaningful at the Bali WTO Ministerial in December 2013.

Suggested Citation

  • Gary Hufbauer & Cathleen Cimino, 2013. "What Future for the WTO?," The International Trade Journal, Taylor & Francis Journals, vol. 27(5), pages 394-410, December.
    • Handle: RePEc:taf:uitjxx:v:27:y:2013:i:5:p:394-410
    DOI: 10.1080/08853908.2013.836068
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    References listed on IDEAS

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    1. Joseph E. Gagnon & C. Fred Bergsten, 2012. "Currency Manipulation, the US Economy, and the Global Economic Order," Policy Briefs PB12-25, Peterson Institute for International Economics.
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    5. Gary Clyde Hufbauer & Jeffrey J. Schott, 2012. "Will the World Trade Organization Enjoy a Bright Future?," Policy Briefs PB12-11, Peterson Institute for International Economics.
    6. Bernard Hoekman & Will Martin, 2012. "Reducing Distortions in International Commodity Markets," World Bank Publications - Reports 10041, The World Bank Group.
    7. Gary Clyde Hufbauer & J. Bradford Jensen & Sherry Stephenson & Julia Muir & Martin Vieiro, 2012. "Framework for the International Services Agreement," Policy Briefs PB12-10, Peterson Institute for International Economics.
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    Cited by:

    1. Benjamin Faude, 2020. "Breaking Gridlock: How Path Dependent Layering Enhances Resilience in Global Trade Governance," Global Policy, London School of Economics and Political Science, vol. 11(4), pages 448-457, September.
    2. Hoe Ee Khor & Diwa C. Guinigundo & Masahiro Kawai & Kimi Xu Jiang, 2022. "Introduction and Overview," World Scientific Book Chapters, in: Hoe Ee Khor & Diwa C Guinigundo & Masahiro Kawai (ed.), Trauma to Triumph Rising from the Ashes of the Asian Financial Crisis, chapter 1, pages 3-43, World Scientific Publishing Co. Pte. Ltd..
    3. Faude, Benjamin, 2020. "Breaking gridlock: how path dependent layering enhances resilience in global trade governance," LSE Research Online Documents on Economics 103927, London School of Economics and Political Science, LSE Library.

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