What Will Doha Really Do for World Food Prices? (Reuters)

Reuters quotes CGD senior fellow Kimberly Elliott on the Doha round.

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"Economists have long predicted that a new world trade deal would lift commodity and food prices by a small increment -- a couple of percentage points globally for most products, and a bit more for milk, oilseeds or paddy rice.

Yet they also caution that the benefits of a Doha deal depend on where you sit. It's good for net exporters of food commodities, like Brazil, Vietnam, or the United States, and bad for those that rely on food imports.

'There are winners and losers,' observed Kimberly Elliott, a trade expert at the Center for Global Development."