By Walden Bello*
What was at stake in Hong Kong was the institutional survival of the World Trade Organization. After the collapse of two ministerials in Seattle and Cancun, a third unraveling would have seriously eroded the usefulness of the WTO as the key engine of global trade liberalization. A deal was needed, and that deal was arrived at. How, why, and by whom that deal was delivered was the real story of Hong Kong.
Etiquetas: WTO
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