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It also set out to write new globalisation policies in areas such as investment and competition. Its main (and most significant) focus though was to help the poor. The rich promised to open their markets in area like farming and textiles to poor countries so heavily dependent on these sectors. They also promised to help not just with cash and debt cancellation but also with technical assistance.
An analysis by the World Bank, published in its Global Economic Prospects on September 3rd 2003, predicted that the ambitious aims of the Doha round to reduce trade tariffs and barriers could boost global income by between $290 billion and $520 billion a year...
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Common topics in this essay:
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