A Recipe for Disaster
Will the Doha Round fail to deliver for development?
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As yet another deadline approaches in the Doha Round of trade negotiations, the chances of a deal being done this year that helps developing countries are looking increasingly slim. Aggressive demands by rich countries mean that, far from being able to pursue reforms that will lift people out of poverty, poor countries are having to engage in damage limitation. Unless the substance of the offers on the table changes radically, then no deal should be signed in 2006.