ABSTRACT

Recent research demonstrates that deep global trade reforms would be good for the world economy as a whole and enhance economic welfare in most developing countries. 1 Although national interests differ, and not all countries might gain, numerous models suggest that a key area for multilateral liberalisation is Organisation for Economic Co-operation and Development (OECD) countries’ agricultural policies. These severely distort world markets for products in which many developing countries have a comparative advantage. It is appropriate therefore that agriculture has attracted most of the attention of negotiators in the Doha Round. However, the emphasis on agriculture has led unfortunately to a relative neglect of services.