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The paralysis of the WTO or the end of the world economic order that we know
WTO building, in Geneva
The recent and profound crisis of the World Trade Organization (OMC) is
just the latest sign of the wasting of the world economic order. In
opinion article recently published by the Washington Post, the professor in international politics Daniel
Drezner foresees the end of the liberal economic order as we know it.[i]
In fact, there are indications that the world economy is entering a new (of)order
protection-based economic. It is not just the end of liberalism
as reasoned by Prof. Drezner, we also run the risk of reaching the end of the
principle of economic cooperation. The world economic order we know was
forged by iron and fire at the end of World War II and expanded since the
end of the cold war. Launched in the West by...