As the economic crisis deepens and widens, fears of a return to the protectionist spiral of the 1930s become more common. However, an important difference between the 1930s and today is the existence of the World Trade Organization and the legal limits it imposes on the protectionist responses...

A central challenge facing the South African government is how to build a modern and vibrant economy that is outwardly oriented and internationally competitive, while simultaneously addressing the massive backlogs in access to social and economic services. Their experience has demonstrated the...