World Growth: Doha Round Must Refocus and Insist Upon Liberalization in Developing World
Former WTO Chairman, Michael Moore, Calls Report by New NGO 'Provocative'
WASHINGTON, Nov. 14 /PRNewswire/ -- A report to be released next week
finds that the best way to reduce poverty is to eliminate trade barriers in
the developing world. "Make Trade Free: How the Doha Round Can Help Solve
Poverty" argues that poor countries would stand to gain far more from
liberalizing their own industries and domestic markets than from gaining
greater access to markets in more developed countries.
"Make Trade Free" is the project of a newly-formed NGO, World Growth, and
includes a foreword from the former chairman of the World Trade Organization
(WTO), Michael Moore. "The World Growth report is a provocative, brutal,
refreshingly candid look at the state of global trading affairs," says Moore.
"This should be read by all who have an interest in global growth."
The WTO and the Doha Round have missed an opportunity to truly make a
difference in the lives of those living in poverty, according to the paper's
author, former Australian Ambassador to GATT, Alan Oxley. "By focusing too
much on what poor countries can gain if they win access into high-tech markets
like the E.U. and U.S., the WTO has lost control of the globalization debate."
"Everyone talks about farm subsidies in the E.U. and the U.S., but the
fact is that trade barriers are much higher in the developing world than in
the rich countries," said Oxley. "The WTO talks ought to focus on the biggest
problem first, namely the high tariffs in Africa, Brazil, China, and India."
Among the key recommendations and findings:
* WTO members should endorse universal liberalization -- charity trade
does not help poor countries.
* Proposals irrelevant to the core business of the WTO should be taken
off the table.
If negotiations continue to form as they have since Cancun, no result is
the best result.
"Make Trade Free" will be the first publication from World Growth, founded
by Oxley and Henrik Rasmussen, the son of Danish Prime Minister Anders Fogh
Rasmussen. The organization, headquartered in Washington, D.C., will
officially launch in December during the WTO ministerial in Hong Kong.
World Growth was founded this year to explore how globalization and free
trade deliver growth and reduce poverty. Oxley, 58, will serve as Chairman of
World Growth. He was Australia's Ambassador to GATT from 1985 to 1989 and is
now in business in Melbourne. Rasmussen, 26, will serve as President of World
Growth. An immigrant to the United States, he is in business in Washington,
D.C.
CONTACT: Henrik Rasmussen of World Growth, +1-202-320-3965, or
Rasmussen@worldgrowth.org.
SOURCE World Growth
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