"There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to … interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of … commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. "--World …

"Anderson and Martin examine the extent to which various regions, and the world as a whole, could gain from … multilateral trade reform over the next decade. They use the World Bank's linkage model of the global economy to examine the impact … first of current trade barriers and agricultural subsidies, and then of possible outcomes from the World Trade Organization …

welfare and its distributional effects, particularly for the poor in developing countries"--World Bank web site …

actual gain. "--World Bank web site …

. (2) Free world trade has similar, but larger, impacts. (3) Domestic trade liberalization induces an expansion of … liberalization effects far outweigh those of free world trade when these scenarios are combined. (5) Remittances constitute a … powerful poverty-reducing tool given their greater importance in the income of the poor. "--World Bank web site …

achieved. "--World Bank web site …

liberalization could move the world some way toward those desirable outcomes, but more so the more developing countries themselves … cut applied tariffs, particularly on agricultural imports. "--World Bank web site …