Are There Large New Gains from Trade?
نویسندگان
چکیده
These figures contrast with the World Bank’s widely publicised 2005 estimates of global gains from a ‘likely Doha scenario’ of less than US$100 billion, with just US$16 billion going to developing countries. So, have economists found another US$150-$350 billion in benefits for developing countries that the World Bank missed in 2005? Is development back in the Doha Round? The answer, of course, is no. We examine the recent economic projections, review previous estimates, and put these seemingly large numbers in their proper context.
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