Two weeks ago, a consultative board to the WTO Director General issued a report calling for significant institutional and policy changes in the multilateral trade organization—including recommendations regarding preferential trade agreements, relations with NGOs, the dispute settlement system, transparency, and the decision-making process. AEI has asked two leading members of the consultative board, Jagdish Bhagwati and John Jackson, to describe and explain the rationales behind the recommendations. A panel of experts on the multilateral trading system will assess and comment on the recommendations.