Liberal opinion holds that the international monetary and financial system is a device for promoting…
The political Economy of WTO with special reference to NAMA Negotiations Mehdi Shafaeddin
The dissatisfaction of developing countries with the new Trade Round has seriously surfaced since the WTO meeting in Seattle in autumn 1999 and has led to a series of interruption in the negotiation process of the Doha Round in recent years. With the failure of the talks between developed and developing countries again in July 2008, it is, in fact, faced with a deadlock. The purpose of this article is to explain that such a deadlock is rooted in the interrelated conflicts of interests/ideology and the imbalance in the power relationship between developing and developed countries.
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