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But according to a new analysis, it could also boost the world economy by $19 trillion.
First, it set in motion big cuts in red-tape at the world's borders, which were projected to boost the world economy by $400 billion a year.
Lagarde has also swept aside the idea that Modern Monetary Theory could boost the world economy, saying she doesn't think it would work for any country.
The WTO projects that the deal, its first global pact in 20 years, will boost the world economy by as much as $1 trillion.Meanwhile trade negotiators are becoming more open to building "coalitions of the willing" rather than waiting for a global consensus.
The chances of success here have been improved by a compromise between the two main camps: one led by the Americans, who want to concentrate on what they see as the immediate steps necessary to boost the world economy; and the other driven by France, Germany and the other big eurozone countries, who are more interested in longer-term reform of financial markets.
Brown will also propose using the International Monetary Fund and World Bank to boost the world economy as he seeks to focus on greater international cooperation, rather than divisions between the US and European governments over whether the financial system needs more fiscal stimulus or more regulation.
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You can be a game changer, helping to boost the worlds of disability, fashion and design.
Formed in 2000 through a merger between Novartis Agribusiness and Zeneca Agrochemicals, Syngenta has played a key role in boosting the world's agricultural productivity.
"Now it seems that we are doing something right".That and good fortune: the industrialisation of China has boosted the world price of Canada's exports of oil, gas, minerals, metals and farm products.
Now comes the chance for politicians to show that they are serious when they say they want to put agriculture right.Cutting rich-world subsidies and trade barriers would help taxpayers; it could revive the stalled Doha round of world trade talks, boosting the world economy; and, most important, it would directly help many of the world's poor.
Gasquet's victory over the Spaniard boosts the world number nine's chances of qualifying for the season-ending ATP World Tour finals next month.
More suggestions(18)
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