We need a world trade organization. We just don't need the one that
we have. By pitching unequally matched states together in chaotic
bouts of negotiating the global trade governance of today offers -
and has consistently offered - developed countries more of the
economic opportunities they already have and developing countries
very little of what they desperately need. This is an unsustainable
state of affairs to which the blockages in the Doha round provide
ample testimony. So far only piecemeal solutions have been offered
to refine this flawed system. Radical proposals that seek to
fundamentally alter trade governance or reorient its purposes
around more socially progressive and egalitarian goals are thin on
the ground. Yet we eschew deeper reform at our peril. In What's
Wrong with the World Trade Organization and How to Fix It Rorden
Wilkinson argues that without global institutions fit for purpose,
we cannot hope for the kind of fine global economic management that
can put an end to major crises or promote development-for-all.
Charting a different path he shows how the WTO can be transformed
into an institution and a form of trade governance that fulfils its
real potential and serves the needs of all.
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