(Download) "Introduction: The Future of the Multilateral Trade System--What Role for the World Trade Organization?(Essay)" by Global Governance * eBook PDF Kindle ePub Free
eBook details
- Title: Introduction: The Future of the Multilateral Trade System--What Role for the World Trade Organization?(Essay)
- Author : Global Governance
- Release Date : January 01, 2009
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 277 KB
Description
Global governance through multilateral institutions has fallen on hard times in the twenty-first century. Whereas intergovernmental multilateralism was the dominant form of international collective action in the second half of the twentieth century, today international cooperation through multilateral institutions is facing severe challenges. Over the past five years or so, contributors to Global Governance have grappled with these difficulties, particularly in relation to the problems confronting the World Bank, the International Monetary Fund (IMF), and the United Nations and its associated bodies. This special issue seeks to contribute to these ongoing debates through an examination of the World Trade Organization (WTO) and the future of the multilateral trade system. The articles in this issue appear at a particularly important time in the future of the governance of the global economy more generally. As we come to the end of the first decade of the twenty-first century, we live in a period of acute economic crisis--by common agreement, the worst since the Great Depression of the 1930s. The attention of global leaders is focused on providing the necessary fiscal stimuli to reboot the world's major economies and securing the necessary level of global institutional reform to both underwrite and regulate the global banking system. But the WTO is under duress. Its problems were identifiable prior to the eruption of the financial crisis, but they have been exacerbated by the current crisis as much as they are part of the current crisis--notwithstanding that, for once, no one thinks that trade is a contributory factor.