ABSTRACT
This chapter discusses areas in which the World Trade Organization (WTO) and the multilateral trading system, especially through the Doha Round, can work to improve effective global economic governance for development. It highlights major trends in international trade and development. The chapter also discusses some key emerging systemic issues of the trading system that influence trade governance and how the broad trade, development and governance issues might be addressed in the WTO and in the end-game of the Doha Round negotiations. It explains the role of the United Nations Conference on Trade and Development in contributing to addressing the challenges facing the multilateral trading system and in mobilizing international solidarity to move forward in the area. The challenge for trade negotiators, policy-makers and law-makers is how to promote inclusive development and preserve the main features of the current favourable economic and trade scenario beyond a cyclical backlash.
