Leveraging Nairobi for Development
At its 20th anniversary, the 10th Ministerial Conference of the WTO will take place in Nairobi. It will be the first WTO ministerial on African soil, on the continent where the materialization of the promise of trade and development is most critical.
Of course, there is much to celebrate at the WTO's 20th anniversary from a trade and development perspective. Since 1995, the share of developing countries in world trade has increased to some 50%, with South-South trade today accounting for over a quarter of global trade. The group of Least-Developed Countries (LDCs) saw trade expand more rapidly than many other countries, doubling ... [read more]
Bernard Hoekman and Joakim Reiter