Baldwin, Richard E. - In: Swiss Journal of Economics and Statistics (SJES) 131 (1995) III, pp. 453-463
This paper argues that the stark contrast between the ease of regional liberalisation and the glacial pace of GATT talks does not reflect a GATT failure or the US's conversion from devoted multilateralist to ardent regionalist. GATT Rounds have always been long, have always been slow and have...