WTO negotiations and their economic costs and benefits in recent years
In recent years, the WTO Doha Round negotiations, which began in 2001, have faltered. Since negotiations broke down in 2008, WTO ministerial meetings in 2009 and 2011 have failed to even consider the substantive provisions of the Doha Declaration. Mounting concerns have led many nations to craft bilateral, multilateral, and regional agreements to supplement and perhaps replace the negotiations. This paper identifies 6 positive and negative economic costs of stalled negotiations.