Simon Evenett, 01 August 2008

The breakdown of the Doha Round this week makes a deal implausible for another year or two. This column argues that this is an opportunity for world trade powers to identify ways to adapt the WTO to the needs of the 21st Century. Although difficult, the outcome of such talks could hardly be worse than the fear-driven, adrenalin rush that the WTO membership embarked upon seven years ago in Doha.

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