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The draft would give developing countries "direct access" to funds, including funds from public sources.
Another measure would give developing countries a bigger say in the fund's management, to reflect their recent growth.
It would give developing countries good reason to integrate their economies closely into the world economy, as the IMF and the World Bank and their mostly rich-country shareholders urge them to do.
Negotiators at the World Trade Organization meeting in Qatar all but clinched a deal that would give developing countries greater access to cheap generic drugs to fight epidemics like AIDS and malaria.
Negotiators all but clinched a deal today that would give developing countries greater access to cut-price drugs to fight epidemics, defusing the most inflammatory dispute between rich and poor nations that had threatened to scuttle trade talks here.
Mr. Bush's top advisers say they have learned from the Clinton administration's failures at Seattle, and they argue that a new type of accord is needed that would give developing nations incentives to improve working conditions and the environment, but not impose sanctions if they failed.
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A proposal for "compensated reduction" of carbon emissions would discourage deforestation and give developing countries, which have few commitments under the Kyoto Protocol, a bigger role in reducing greenhouse gases.
Rich countries refused to debate the creation of a debt restructuring mechanism and also prevented the introduction of a UN tax committee that would have given developing countries a say in global tax rules.
China's absence would give other developing countries — and the United States Senate — an excuse to do less than needed.
Days later, Nokia announced it would give up developing its Symbian software platform in-house, and adopt Microsoft's Windows Phone operating system instead.
Such actions, unlike the hollow words of summit declarations, would give the developing countries good reasons to support a new round.*Jeffrey Schott is a senior fellow at the Institute for International Economics.
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