A decision has been made at the WTO to indefinitely suspend the WTO’s Doha negotiations across the board after the breakdown of the meeting of G6 Ministers that took place on Sunday and Monday.

The suspension of the Doha talks was announced on Monday by several of the Ministers of the...

Following the collapse of trade talks among the Ministers of the G6 countries late Sunday night, European Union Trade Commissioner Peter Mandelson on Monday blamed the United States for failing to show flexibility on the issue of farm subsidies.

On the other hand, US Agriculture Secretary Mike Johanns argued that while...

Background

Economic liberalization process in Nepal started in 1980s. In 1985 Nepal received a support from the IMF for the improvement of the Balance of Payment (BOP) crisis. The Structural Adjustment Programme (SAP) supplemented by Structural Adjustment Lending (SAL) of the World Bank, offered an opportunity to these creditors to impose...

Summary

1. Introduction

Both the OED’s Integrated Framework for Trade-Related Technical Assistance Report (IF Report) and its Global Programs Report (GP Report) convey significant criticisms of the IF program. Many of these criticisms are not new, and reflect either conscious choice on behalf of the program to continue...

Last April the IMF launched the Trade Integration Mechanism (TIM). In the Fund’s own words, the TIM is a policy oriented to enhance the predictability of access to financing by member countries experiencing difficulties as a result of certain trade events.

The launching of the TIM implies a recognition that...