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I wrote in a CGD Note last week with Tom Slayton about how the Philippines are engaging in aggressive buying techniques that seem designed to drive up prices, raising the specter of another rice price crisis such as what befell us in early 2008.
I write about trade so I feel that I should say something about the trade ministers’ meeting that concluded yesterday in Geneva. But what is there to say, especially if I want to follow my mother’s advice about not saying anything if I can’t say something nice? There have been almost too many to count of failed meetings trying to bring the ill-fated Doha Round of trade negotiations to a close. This one was supposed to be about institutional issues and how to strengthen the WTO for the future; Doha dominated anyway.