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The Doha round of world trade talks has collapsed. After the negotiations were suspended back in July 2006, Mark Thirlwell wrote that – regardless of the ultimate outcome of the Round – the era of giant, set-piece trade negotiations like Doha and its predecessor, the Uruguay Round, was over. The world would therefore have to search for a Plan B for international trade.
After Doha: the search for Plan B
About the author
Mark Thirlwell
One of Australia’s leading commentators on the international economy, Mark has been tracking global economic trends since he joined the Bank of England’s International Divisions in 1990 where he worked as part of the Whitehall Economists Subgroup, coordinating the forecasting of major emerging markets across the Bank, Treasury, the FCO and other stakeholders.
In the short term, the most likely Plan B on offer would be a further turn to regional and bilateral trade arrangements. But in the longer term, reform of the multilateral system would be required. The same assessment holds today.