Globalization Stumbles

From a Der Spiegel article (via today’s WPR Media Roundup) on the failure of the latest WTO negotiations on the Doha round: Still, the real reason for the failed negotiations runs deeper. Concerns about globalization have become greater than the hopes it engenders, even in the industrialized nations and the successful emerging economies. . . The result is the death of a grand idea. . . In the coming months, experts expect to see a sharp increase in the number of bilateral negotiations aimed at setting up mini trade alliances. Now this mirrors a theme that I’ve been developing on […]

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