A broad-sweeping look at international efforts to regulate the global financial system. This is part of the Global Governance Monitor, an interactive feature tracking multilateral approaches to several global challenges.

Russia's pending membership in the World Trade Organization could alter its global economic standing and boost trading partners. But experts say Moscow must restructure its economy to benefit from joining the club.

Because of increasing American recalcitrance on multilateral issues, Jagdish Bhagwati holds little hope for the Durban climate change talks.

Russia's accession to the WTO can boost U.S. exports to the country, but the U.S. Congress will have to graduate Russia from Cold War-era trade legislation, says CFR's Stephen Sestanovich.

Jagdish Bhagwati explains how progress toward international free trade would suffer if the Doha Round negotiations fail.

Jagdish Bhagwati argues that even in its tenth year, the Doha Round of Multilateral Trade Negotiations must not fail.

Jagdish Bhagwati and Arvind Panagariya write that the provision raising visa fees on H1(b) and L-1 temporary work visas violates the WTO's non-discrimination rules.

The WTO's Pascal Lamy discusses global trade and the state of the international economy.

Pascal Lamy discusses how the global trading system helped to stabilize the global economic crisis and how it can do more.

The WTO's Pascal Lamy discusses global trade and the state of the international economy.

Proposals that any carbon tax in developing countries which falls below the one in the developed countries should be offset through other means like border taxes spring from fears that have no basis in economic analysis, write Jagdish Bhagwati and Arvind Panagariya.

Amid the global economic downturn, the World Trade Organization has been reduced to a talking shop as the prospects for a new global trade deal grow dimmer, says CFR's Marc Levinson.

John W. Miller reports for the Wall Street Journal on the seventh World Trade Organization ministerial meeting in Geneva. Miller explains why protectionism and the state of the global economy have made several nations "afraid" of a new international trade deal.

Report

Some analysts say the U.S.-China disagreement over tire imports could provoke a damaging trade dispute at a time when the two giant economies are needed to lead global economic growth.

Watch experts debate the benefits of global trade and how the current crisis will affect the international trading system.

Listen to experts debate the benefits of global trade and how the current crisis will affect the international trading system.

The "buy American" provisions in the stimulus bill presented President Obama with the first test of his trade philosophy. In this Forbes article, Edward Alden and Jeremy Haft write that Obama has passed this test. The apparent compromise over these provisions is reassuring.

Award-winning historian Walter Russell Mead says, "The key political question of the twenty-first century is, 'How does the U.S.-China relationship develop?'"

A downbeat Davos summit brings warnings of trade protectionism into the limelight. Economists say these concerns should be taken into account as leaders of industrialized nations craft economic stimulus plans.