Doha mistakes

Don’t cry too much over the collapse of the Doha round of world trade talks. After seven years of negotiations, failure may be disappointing, but hardly a surprise. Even at the outset in 2001, the stated goals of Doha – to redress the deficiencies of the previous Uruguay round which had offered too little to developing countries - looked ambitious. In the context of 2008, it looked even more so. Demanding the US cut farm subsidies and poor countries cut tariffs in the midst of a global slowdown ...