An Agenda for the Development Round of Trade Negotiations in the Aftermath of Cancun

"It is an Advanced Industrial Country Round of what they think can pass as a Development Round. But we should not let them get away with it" Professor Joseph Stiglitz, Nobel Laureate. Awarded the 2001 Nobel Prize in Economics. This Commonwealth report presents the pro-development priorities that it recommends should form the core of the Doha Round agreements and sets out the key steps required for a true development round agenda. In the aftermath of the failure of Cancun, there is a need to reassess the direction of global trade negotiations. It argues that the Doha Round agenda was set by the special interests of advanced industrial countries to serve their own needs. The report takes a step back from the disputes and presents an alternative way forward for the Doha Round of trade negotiations, approaching the issues with a fresh eye. Professor Stiglitz calls for the fundamental reform of the agenda and negotiating process which they see as a requirement if the Doha Round is to deliver on its promise to bring widespread benefits to developing countries. This report is by Nobel Laureate Joseph Stiglitz, Columbia University and Andrew Charlton, Oxford University.