Andrew Stoler, 08 October 2014

No progress has been made on the agriculture talks of the Doha Round since 2008. This column argues that the reason for the impasse is the approach to negotiations – in which all members are expected to participate. The author proposes a critical-mass approach to negotiations as an alternative, in which a subset of member countries can conclude a deal among themselves. The projected welfare gains from such an approach are substantial. The only obstacle is that its implementation could be politically unfeasible.

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