A study by the University of Michigan found that if all trade barriers in agriculture, services, and manufactures were reduced by 33% as a result of the Doha Development Agenda, there would be an increase in global welfare of $574.0 billion.[47] A 2008 study by World Bank Lead Economist Kym Anderson[48] found that global income could increase by more than $3000 billion per year, $2500 billion of which would go to the developing world.
A study by the University of Michigan found that if all trade barriers in agriculture, services, and manufactures were reduced by 33% as a result of the Doha Development Agenda, there would be an increase in global welfare of $574.0 billion.[47] A 2008 study by World Bank Lead Economist Kym Anderson[48] found that global income could increase by more than $3000 billion per year, $2500 billion of which would go to the developing world.
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