When the WTO talks in Cancun broke down last September, anti-globalization groups and NGOs around the world rejoiced. However, the author of this Policy Notes cautions that the collapse is no reason to celebrate because it only means that every country would suffer, with some having to suffer more than others. In the end, they claim that the real losers are the developing countries, especially the smaller and weaker ones. Why? What are the more telling issues? Read more in this Notes.