New Issue Announcement - 2005-12-06

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published by the Council on Foreign Relations



 


December 6, 2005

Announcing a special edition of Foreign Affairs: Exclusively available on the Web

Freer Trade?

Sixty years of multilateral trade negotiations have resulted in ever-lower barriers and ever-higher economic growth worldwide. There is still a chance that the Doha Round — the current series of trade talks — could continue this pattern, but on the verge of the WTO's Hong Kong ministerial meeting, the prospects do not look good.

In this special edition of Foreign Affairs, some of the world's top experts on international trade consider what will be necessary for the Doha Round to succeed — and what might happen if it does not.










Essays

From Seattle to Hong Kong

Jagdish Bhagwati

There have been eight rounds of multilateral trade negotiations prior to Doha. Although they all ended well, it is important to remember that few went smoothly. Negotiators in Hong Kong now face real obstacles, but there is reason for hope — if, that is, they have the will and courage to do what is necessary to succeed. Read essay

Rescuing the Doha Round

C. Fred Bergsten

The Doha Round could become the first major multilateral trade talks to fail since the 1930s. To prevent a collapse, policymakers in the G-8 and key developing countries must resolve global monetary and current account imbalances, counter the backlash against globalization, and find a way to jolt the talks back to life. Read essay

 

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The Stakes of Doha

Carla A. Hills

Americans should care deeply about the Doha Round, but many do not understand what it means for them and the rest of the world. With the talks barely moving, it is time for supporters of free trade to educate the American people in order to give Washington the backing it needs to break the deadlock. Read essay

With or Without Doha

Charlene Barshefsky

Today, the United States confronts four urgent challenges: imbalances in global trade and capital flows, South America's drift, Asia's economic integration, and the Muslim world's decline. International trade policy alone cannot solve these complex concerns, but it can play a pivotal role in dealing with each. Read essay

Correcting Misperceptions

Peter D. Sutherland

If trade talks were founded on a rational analysis of economic interests, they would be much easier to conduct and conclude. But most are not, and the Doha Round is no different. The key to ensuring that something worthwhile does emerge from it is to distinguish narrow political agendas from the broader public interest. Read essay

Liberalizing Agriculture

Arvind Panagariya

Agriculture will be the make-or-break issue in Hong Kong. On the surface, obstacles to an agreement seem insuperable. But a careful examination of the current agricultural trade regime reveals that prospects for an agreement are not as bleak as they appear. Read essay

Doha and Development

William R. Cline

World leaders have dubbed Doha the "development round" because they recognize how much free trade would do to foster development-and how urgent the need for development is. For those hopes to be realized, both industrialized and developing nations must go further toward getting rid of existing barriers. Read essay

 

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Foreign Affairs
Bestsellers
For December 2005

The topselling books on international affairs based on national sales at Barnes & Noble stores and barnesandnoble.com during November 2005.

  1. The World Is Flat
    Thomas L. Friedman
  2. The Assassins' Gate
    George Packer
  3. Collapse
    Jared Diamond

Complete list

The Year in Books

Lucian W. Pye / Asia

Each month a member of our panel of book reviewers recommends the best books discussed in Foreign Affairs in the past year. For December 2005, Lucian W. Pye gives his picks for the best books on Asia and the Pacific.. Read

Most Popular Article Reprints

Purchased online at foreignaffairs.org during November 2005

1. China's Global Hunt for Energy by David Zweig and Bi Jianhai (September/October 2005)

2. China's "Peaceful Rise" to Great-Power Status by Zheng Bijian (September/October 2005)

3. The End of Europe? by Laurent Cohen-Tanugi (November/December 2005)

4. Somebody Else's Civil War by Michael Scott Doran (January/February 2002)

5. Fighting the War of Ideas by Zeyno Baran (November/December 2005)

 

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