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The Evolving Global Trade Architecture (Hardcover)
Loot Price: R2,871
Discovery Miles 28 710
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The Evolving Global Trade Architecture (Hardcover)
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This comprehensive and accessible book examines the evolution of
the multilateral trade regime in the ever-changing global economic
environment, particularly during the WTO era and the ongoing Doha
Round. Professor Das explores how the creation of the multilateral
trade regime, or the GATT/WTO system, has been fraught with
difficulties. He describes the ways, by means of various rounds of
negotiations, the multilateral trade regime has constantly adjusted
itself to the new realities of the global economy. One glance at
the recent history indicates that the evolution of the multilateral
trade regime was far from even-handed and steady. The GATT/WTO
system was repeatedly pushed to the brink of utter and ignominious
disaster. Yet, as the author illustrates, the participating
economies persevered. Consequently, the fabric of multilateral
trade regime is stronger, its foundation deeper and its framework
wider now than it was a generation ago. Unlike the GATT era,
membership of the present trade regime is close to universal. The
author concludes that of the two phases, the latter has turned out
to be the more arduous, intricate and complex phase of evolution.
Students and scholars of economics, international trade,
international political economy and international relations will
find this study of great interest. The definitions and explanations
of terminology and advanced concepts make the book accessible to
those without an extensive economic background.
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