The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) is one of the aspects of the world trading system on which the views of the industrialized and developing countries are sharply divided. While the industrialized countries celebrate the Agreement as a breakthrough in...

International trade increases worldwide growth and improves the chances of successful poverty reduction. A development round could reinforce this potential.Development scholars largely agree on what would constitute a development round: improved market access for developing countries, no...

If the governments of the industrialized countries keep their promise, official development assistance (ODA) will rise sharply in the next few years. The main beneficiaries will be the least developed countries of sub-Saharan Africa. The additional financial transfers will increase developing...

The development finance system is becoming increasingly complex. New actors and instruments are being created with enormous speed and ingenuity. Yet the multilateral development banks still account for a large share of the public resources used for development finance. Of these, the World Bank...