ISSN 2674-8053

OIC

The paralysis of the WTO or the end of the world economic order that we know
Americas, Saudi Arabia, world Bank, Brazil, China, U.S, Studies, Europe, IMF, France, GATT, OIC, OMC, International Organizations, Russia

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. Set in motion in the west to ...