Global Trade Power Shifts: GATT to WTO Impact on International Trade
The article explores how power influences global trade governance, focusing on the transition from the GATT to the WTO. The researchers analyze the design of the General Agreement, critical moments, and the impact of power and politics on trade from 1950 to 1994. They also examine the timing of WTO accession and its effects on international trade. Key findings include the role of power in shaping trade agreements, the resilience of trade institutions, and the significance of political dynamics in global trade relations.