It's unclear that the WTO hasn't passed its peak of "good". There hasn't been much progress since 2006 and the recent G-20 meeting abandoned the term "free markets" as a goal.
I'm perfectly willing to blame the US for that change (even though it's not the only one pushing that direction) - my point is that the smashing success is likely a thing of the past.
It's unclear that the WTO hasn't passed its peak of "good". There hasn't been much progress since 2006 and the recent G-20 meeting abandoned the term "free markets" as a goal.
Note the backslide from paragraph 12 from http://keithhennessey.com/wp-content/uploads/files/Summit%20... to paragraph 3 from http://www.g20.org/Documents/g20_communique_020409.pdf .
I'm perfectly willing to blame the US for that change (even though it's not the only one pushing that direction) - my point is that the smashing success is likely a thing of the past.