This is the fourteenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy.

• Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level
• Analyses trade policy in areas such as Malaysia, Trinidad and Tobago as well as revealing the national security concerns that have become a dominant influence on US trade policy since 2001
• Includes a special focus on the Doha Round where contributors evaluate the winners and losers from trade liberalisation and investigate the cotton initiative of the WTO's Doha Development Agenda

David Greenaway is Professor of Economics and Director of the Leverhulme Centre for Research on Globalization and Economic Policy at The University of Nottingham.