The WTO And Other Trade Tales

Just when the WTO's Doha Round had faded into the back pages of specialized trade publications, the G-20 has given it the kiss of life, heralding it as the way out of the current global economic crisis. Talks that had been given the last rites in July are today alive and rosy-cheeked and, if some of the rumors from Geneva are to be believed, close to completion. It sounds improbable that July's diplomatic failure, reported as an unmitigated disaster, should so quickly have been mitigated. Yet it appears to be true.