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Tough on trade

The Doha round will not fail, but neither will it live up to expectations

By Jack Thurston   December 2005

It ought to be good news that the current round of WTO trade negotiations is finally getting serious. The world needs an example of international co-operation to cheer about.

Ever since the repeal of the corn laws, most economists have agreed that trade barriers are a bad thing and that freer trade promotes economic growth. Add in the idea of making trade a tool for poverty reduction in the global south, and the current Doha “development” round looked like a promising model for international solidarity in the 21st century. So why have we had to wait four years for things…

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