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Breaking the WTO - How Emerging Powers Disrupted the Neoliberal Project (Paperback)
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Breaking the WTO - How Emerging Powers Disrupted the Neoliberal Project (Paperback)
Series: Emerging Frontiers in the Global Economy
Expected to ship within 10 - 15 working days
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The world economic order has been upended by the rise of the BRIC
nations and the attendant decline of the United States'
international influence. In Breaking the WTO, Kristen Hopewell
provides a groundbreaking analysis of how these power shifts have
played out in one of the most important theaters of global
governance: the World Trade Organization. Hopewell argues that the
collapse of the Doha Round negotiations in 2008 signals a crisis in
the American-led project of neoliberal globalization. Historically,
the U.S. has pressured other countries to open their markets while
maintaining its own protectionist policies. Over the course of the
Doha negotiations, however, China, India, and Brazil challenged
America's hypocrisy. They did so not because they rejected the
multilateral trading system, but because they embraced neoliberal
rhetoric and sought to lay claim to its benefits. By demanding that
all members of the WTO live up to the principles of "free trade,"
these developing states caused the negotiations to collapse under
their own contradictions. Breaking the WTO probes the tensions
between the WTO's liberal principles and the underlying reality of
power politics, exploring what the Doha conflict tells us about the
current and coming balance of power in the global economy.
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