Table of Contents

Executive Summary 1. Introduction 2. The Need for a Development Round 2.1 Redressing Past Imbalances 2.2 Unfinished Business 2.3 New Area of Importance 3. Doha's Development So Far 4. Principles of a Development Round 4.1 Any Agreement Should Be Assessed in Terms of its Impact on Development 4.2 Any Agreement Should Be Fair 4.3 Any Agreement Should Be Fairly Arrived At 4.4 The Policy Space Should Be Interpreted Conservatively 4.5 Some Implications 5. Priorities for a Development Round 5.1 The Context 5.2 Market Access Priorities 5.3 Priorities in Non-market Access Issues 5.4 What Should Not Be on the Agenda 6. Special Issues 6.1 Special and Differential Treatment and the Development Box 6.2 Intellectual Property Issues 6.3 Competition Issues 6.4 Regional and Bilateral Trade Agreements and South-South Trade 7. Institutional Reforms 7.1 Procedures 7.2 Structures and Representation 8. A Practical Agenda Appendices 1. Empirical Review of Market Access Proposals 2. Regulatory Harmonisation: The Singapore Issues References

About the Author

Joseph Stiglitz was awarded the Nobel Prize in economics in 2001 and is a University Professor at Columbia University. He was Chief Economist and Senior Vice-President of the World Bank from 1997-2000 and Chair of President Bill Clinton's Council of Economic Advisors from 1995-97.