Reforming the World Trading SystemLegitimacy, Efficiency, and Democratic Governance

Abstract

The 1994 agreement establishing the World Trade Organization (WTO) regulates over 95% of world trade amongst 148 member countries. The November 2001 Declaration of the Fourth Ministerial Conference of the WTO in Doha, Quatar, launched the Doha Development Round of multilateral trade negotiations in the WTO on twenty-one topics aimed at far-reaching reforms of the world trading system. On August 1st 2004, the WTO General Council reached agreement on a detailed Doha Work program. This volume provides discussion and policy recommendations by leading WTO negotiators and policy-makers, and analysis by leading economists, political scientists, and trade lawyers on the major subjects of the Doha Round negotiations. Over thirty contributors explore the complexity of the world trading system and of the WTO negotiations for its reform from diverse political, economic, and legal perspectives.

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