Posts tagged…Gatt
Next round of trade protection (Part II)
Sun, Feb 22 2009In this earlier post, I looked at three of the 'old standbys' that are likely to provide governments with all the 'wiggle-room' they need to increase protection while remaining nominally compliant with their WTO obligations.
This time, two more oldies but goodies that are still more likely, in my view, to figure in the coming round of trade protection. These two threaten high levels of…
Read more…The next round of trade protection
Thu, Feb 19 2009
Will there be one? You bet! The only questions are: how soon and how big?
With employment numbers in both industrialized and industrializing countries falling, world markets seizing up as a consequence of the credit squeeze, icons of globalization like Dubai bleeding debt (and emigrants) and governments rushing out 'stimulus' packages to prop up domestic demand, the scene is set for some…
The astonishing Julio Lacarte and 60 years of GATT
Tue, Feb 26 2008
No one better represents the fun, dedication or optimism of the people who created the multilateral trading system than Ambassador Julio Lacarte Muró. This recent video interview with him, recalling his particpation in the Havana Conference (1947) that by it’s ‘failure’ gave birth to the GATT, is a reminder that the goals and principles of that long-ago era still shape our world and promise us a…