WTO: Will the end of Doha bring its final collapse?

Doha Round WTO negotiations finally collapsed July 29, 2008 as India, China, and other countries of the global south voiced food security concerns. Recent food shortages and riots, coupled with the threat of a global recession have left many of these countries questioning the value of trade liberalization. The Doha Round pushed for tariff cuts that would have increased food dumping and massive job loss, while, according to World Bank modeling, only offer developing countries 16% of total projected world gains. In a climate of immense food insecurity the Doha Round could further increase food prices. International food price inflation has led many nations to reconsider food security measures such as export restrictions, tariffs and domestic agricultural subsidies, all of which remain contrary to Doha objectives.