2. Avinash Persaud Financial liquidity analyst, adviser to governments around the world, the man who has studied “herd” behaviour in finance, and now the man trying to stop it.

Chair of Warwick Commission, the Hon Pierre Pettigrew says the commission report into the future of world trade is set to have an even bigger impact after the completion of the Doha round of negotiations of the World Trade Organisation.

The Hon Simon Cream MP, Australian Minister for Trade, recently commented on the work of the Warwick Commission in a speech at the Crawford School of Economics and Government, ANU.

Speaking on Australia's role in addressing the future of multilateral trade the Minister applauded the work of Commission and the importance of the report in stimulating debate. 

The Warwick Commission, a panel of leading specialists on world trade is this week publishing the results of its 10 month study of the state of the world trade system. They are concerned about what they see as a dwindling commitment to multilateralism in global commerce and critical of national political leaders' reliance on "the politics of blame and responsibility avoidance" in trade talks.  They call for an end to the reliance on consensus decision-making in future negotiations; a bigger role for the World Trade Organization in the delivery of Aid for Trade to developing countries; escalating financial compensation as a means to resolve some trade disputes and a high level 'reflection exercise' on the future of the trade system by the members of the WTO.

The final report of the Warwick Commission - “The Multilateral Trade Regime: Which Way Forward?” – will be launched on Thursday 6^th December at the World Trade Organization, Geneva.