Trading Up: Trade Policy and Global Poverty
Publication Info
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Research Topics
CGD Expert
Opinions
- Doha Prospects: Q&A with Kimberly Elliott
- Letters to The Editor: Farm Subsidies: Necessary Evil? (Washington Post)
- Letters to The Editor: West's Farm Subsidies Cut Off Market Access for Poorer Nations' Goods (Financial Times)
- Trade Talks Collapse: Who's to Blame and What Next?
- What to Read: Inequality and Development in a Globalizing World (Syllabus)
Articles
- After Doha, What’s Next? Q&A with CGD’s Randall Soderquist
- Constellation of interests clouds Doha talks [FT]
- Ending Aid to Rich Farmers May Hurt the Poor Ones [NYT]
- Reviving Doha? Time for the U.S. to Lead
- The Democrats Dither on Trade (Post)
- Trade Talks Collapse: Who's to Blame and What Next?
- World Bank Reconsiders Trade's Benefits to Poor [WaPo]
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William R. Cline
09/01/2003
The trade ministers of WTO-member countries will soon meet in Cancun, Mexico, to review progress in the current round of multilateral trade negotiations (named for Doha, Qatar,where itwas launched in late 2001). There has been well-founded concern that Cancun could mark the collapse of the Doha Round, largely because industrial countries have been unprepared to grant enough liberalization in their highly protected agricultural markets to encourage developing countries to participate by liberalizing their markets for manufactures. Other contentious issues include the balance between humanitarianism and market incentive for research and development in the area of pharmaceutical patent rights. If all parties can agree to move ahead, the Doha Round holds major potential for reducing global protection and, thereby, global poverty. At the $2-per-day threshold, 2.9 billion people remain poor today—almost half the world. Used effectively, trade policy can be a major instrument for reducing this number. Global trade liberalization could substantially reduce global poverty in five important ways outlined in the box below. This policy brief is a preview of the analysis and recommendations in Trade Policy and Global Poverty, by William R. Cline.