Dear friends and colleagues:
My February column for The Dispatch sets the longevity and steady gains of the GATT against the overreach and mounting paralysis of the WTO. This divergence, I explain, stems from the WTO’s universalist ambition, which discounted the systemic incompatibility between major market economies and state-capitalist China. In the Cold War context, the United States rejected Soviet accession to the GATT absent an embrace of market disciplines.
I hope you find the piece of interest. Regards, |