Mattoo, Aaditya; Subramanian, Arvind - Peter G. Peterson Institute for International Economics … - 2008
A fundamental shift is taking place in the world economy to which the multilateral trading system has failed to adapt …-sector interests largely in the rich countries, is running out of steam; (2) the world economy is moving broadly from conditions of … just the World Trade Organization but other multilateral institutions as well; and (5) despite shifts in economic power …