The Doha Ministerial Conference, 2001

image of The Doha Ministerial Conference, 2001

In 2001 global production and trade recorded their weakest performance in more than a decade. The fall in IT investment and the run-down of inventories added to the weakening of consumption. As the IT sector had a larger share in international trade (15%) than in global output (5%) trade suffered more as a result of the bursting of the IT ‘bubble’ than did output. International transaction costs also rose due, in large part, to the fallout from the terrorist attacks of 11 September 2001, which further dented confidence in the growth dividends of globalized markets.

Related Topics: The WTO
-contentType:WorkingPaperSeries -contentType:Periodical -contentType:BookSeries -contentType:ReportSeries
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error