The twelfth volume in this annual series focuses on the operations of the IMF and WTO and development of national trade policies.

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• Top economists provide a concise and accessible evaluation of major developments in trade and trade policy.
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• Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level.
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• Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews.

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