Time for rethinking trade policy and refocusing on the WTO

World Trade Organization (WTO) Director-General French Pascal Lamy (L) and French Dominique Strauss-Kahn (R), Managing Director of the International Monetary Fund (IMF), pose prior to the 6th edition of the Geneva Lecture Series on the theme of 'The impact of the financial crisis on global economic gouvernance' at the European headquarters of the United Nations in Geneva, Switzerland, 08 December 2010.

Author: Barry Desker, RSIS

The sluggishness of the World Trade Organisation in recent years has led to the proliferation of free trade agreements (FTA). The resulting neglect of WTO negotiations is not in the interest of the global multilateral trading system.

It has become fashionable to speak of the failure, even demise, of the World Trade Organisation (WTO). Read more…