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Efficiency, Equity, and Legitimacy - The Multilateral Trading System at the Millennium (Paperback)
Loot Price: R1,012
Discovery Miles 10 120
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Efficiency, Equity, and Legitimacy - The Multilateral Trading System at the Millennium (Paperback)
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Total price: R1,022
Discovery Miles: 10 220
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The multilateral trading system stands at a crossroads. Despite its
widely acknowledged contribution to global prosperity over the past
half century, the movement toward further liberalization has
increasingly been challenged. These essays by leading scholars and
trade officials honor Raymond Vernon, one of the architects of the
international economic institutions established following the
Second World War. The book examines several key issues at the heart
of the debate over the multilateral trading system. What are the
global efficiency gains from further liberalization? How can
efficiency gains be maximized while respecting legitimate claims to
sovereignty? Is the trading system affording an equitable
distribution of benefits between countries and among various groups
within societies? Does civil society have a role in the trading
system? What role should the World Trade Organization and its
dispute settlement procedures play in resolving disputes and
enhancing legitimacy?
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