Conference Reports, August, 2009

Friday, August 21, 2009

Down and Almost Out: A Time for Reflection on the Future of the Multilateral Trading System

John M. Curtis, E. Daniel Ciuriak, Simon J. Evenett, and Henry Lotin

The third major collapse of talks in the Doha Round of multilateral trade negotiations on July 28, 2008, in Geneva prompted more than one participant at an international roundtable of trade experts sponsored by CIGI to suggest that it was time for reflection — on the Round, on other mechanisms to manage trade negotiations, on the future of the World Trade Organization (WTO) itself, and more generally on the institutional requirements of the emerging multipolar global economy. The participants at CIGI’s annual meeting of trade experts on September 11-12, 2008, were challenged with recommending how the international institutional framework might be reshaped to meet the needs of today’s more highly integrated globalized world economy.