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Trade is an important driver of economic growth around the world. CGD’s research focuses on how trade policies can support poverty reduction and economic growth in developing economies by promoting market access that opens the door to foreign investment and job creation.
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The ninth negotiating round, named the "Doha" Round for the city in Qatar where it was launched, has proven to be unique, because many developing countries are flexing their political muscle as never before. As a result, the Doha Round seems destined to fail unless rich countries cut the trade barriers that hurt developing countries most: those in agriculture.
With the prospects for an ambitious outcome in the Doha Round of trade negotiations seemingly fading, many are lamenting the welfare gains that would be lost from a superficial agreement while others are asking whether it matters for the world's poorest and, if so, how.
Senior Fellow William R. Cline outlines a "grand bargain" that negotiators can strike at the upcoming "Doha Development Round" that would ahieve increased trade liberalization.
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In his first week, President Obama has made a point of reaching out to the rest of the world and signaling a change t
This is a joint posting with David Beckmann, originally appearing on the Huffington Post Web site on March 17, 2009.
In the face of big global challenges, President Obama has rightly called for a new, smarter U.S. foreign policy that focuses on bolstering our long-term security, building our alliances, and expanding global prosperity. A central element of his new approach is elevating U.S. support for global development and balancing it with defense and diplomacy, which in practice means strengthening U.S. foreign assistance and other programs that fight poverty, disease, and lack of opportunity in developing nations.
The mood in Davos is consolidating at moderately upbeat.
“Many Ministers expressed deep regret at the impasse currently facing the Doha Round.
After years of delay, three U.S. trade agreements are finally down to the wire.


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