Social Sciences
8 years ago

WTO Faces Existential Threat from Regional Trade Deals, Experts Warn

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SSRN Electronic Journal
Regional Trade Agreements v. The WTO: A Proposal for Reform of Article XXIV to Counter this Institutional Threat
Colin B. Picker

Paper Summary

Regional trade agreements are causing problems for the World Trade Organization. They are making it harder for countries to work together on global trade deals. The solution proposed is to involve the WTO more in these agreements and make sure WTO rules are more important than the rules of regional agreements. This will help prevent conflicts and make sure the WTO stays in charge of global trade.

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