To say that regionalism is gaining momentum is an understatement. To mourn the lack of progress in multilateral trade rule-making is a commonplace in the discourse of politicians regretting the WTO negotiation standstill, and of “know-it-all” academics. The real problem is the uneven playing...

On the face of it, many developing countries, even least developed ones, seem to be doing just fine in terms of agricultural production and trade expansion. This paper cannot answer the question whether the present multilateral rules framework strengthens or imperils resource-poor countries and...