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The Wto And The Multilateral Trading System: Past, Present And Future

The Wto And The Multilateral Trading System: Past, Present And Future

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  • ISBN:9781842774816
  • Editorial: Zed Books Ltd
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:256
  • Idiomas:Ingles,Inglés

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This book examines the evolution of the multilateral trading system and the outlook for the body that constitutes its institutional base and which governs global commerce, the World Trade Organisation (WTO). Dr Das identifies the trends in the development of the system, from the formulation of the General Agreement on Tariffs and Trade (GATT) in 1947 through the WTO's inception in 1995 to the present day. He examines how the GATT/WTO framework has been used by the major industrial nations to pursue their own narrow interests at the expense of poor country development prospects. These North-South inequities pervade the multilateral trade regime and dominate the WTO's murky decision-making processes. He argues that such one-sidedness is prejudicial to future stability in international economic relations, and makes practical suggestions for radical reform in the WTO's structure, rules and practices, and for complementary actions by others

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