You are here

Why trade facilitation deal is the model for multilateralism

WTO-backed agreement boasts input legitimacy, but it should also be seen as an illustration of output legitimacy.

BT_20170324_WB_2806255.jpg
The World Bank stands accused of imposing "one-size-fit-all" policy prescriptions on countries without an understanding of their individual national capacities.

THE year 2016 was full of setbacks for multilateralists with Brexit and Trumpism making global headlines. Yet, 2017 could mark a turning point, starting with the entry into force of the Trade Facilitation Agreement (TFA) championed by the World Trade Organization (WTO). As the organisation's

sentifi.com

Market voices on:

Powered by GET.comGetCom