It’s clear that we are living in a world that is dramatically different from the world of ten years ago. There’s no longer the same difference of view between nations as to how economic life ought to be organized. The market has definitely come to the fore. The World Trade Organization (WTO) is now moving toward potential universality. It already has 130 members and there are 30 or more countries trying to accede to the organization. But, although there’s a greater unity in terms of some of the fundamental objectives of how things should be organized there are still some very important differences of interests between different countries.
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- Domestic and International Economic Policy Convergence
Ambassador John Weekes
- Springer US