ENGLISH

Misadventures of the most favored nations: clashing egos, inflated ambitions, and the great shambles of the world trade system

By Paul Blustein

Book information

Publisher
PublicAffairs
Year
2009
ISBN
1586487183, 9781586487188
LCC
HF1385 .B58 2009
Open Library ID
OL23207797M
Language
english
Format
PDF
Filesize
1 MB (1385876 bytes)
Pages
361\361
Scanned
yes
Time added
2011-08-31 04:54:40

Description

As a linchpin of global capitalism, the World Trade Organization is both revered and reviled. In this book, financial journalist Paul Blustein tells the surprisingly entertaining and compelling story of how the WTO is sliding into dysfunctionality—which poses a new and grave menace to globalization itself.In more than seven years of global talks the WTO has struggled and failed to resolve contentious differences between rich and developing nations. Now, with a worldwide recession underway, the WTO’s failure is contributing to a rise in protectionism—a sign that the world may not be so flat after all. Misadventures of the Most Favored Nations recounts, in vivid detail, how the highstakes negotiations went awry. At risk, Blustein argues, is the fate of the system that for six decades has opened the global economy and kept it from splintering.

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