Groups » WTO Law
Who benefits from WTO?
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Erlend Leonhardsen
Apr 20 2008, 09:27 PMAccording to Prospect Magazine, Dani Rodrik, an economist at Harvard, writes in his latest book that the largest beneficiaries from the dismantling of agricultural protection would be not the poor people of the developing countries but the European taxpayers (including me, then). The WTO negotiations is de facto a forum for bargaining between producer interest groups in which neither consumer welfare nor economic growth plays a significant role.
He proposes that the WTO is reformed so that it is clear that its goal is to advance development through trade.
Dani Rodrik: One Economics, Many Recipies: Globalization, Institutions and Economic Growth (Princeton University Press 2008)
Any thougts?
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B. A.
Apr 29 2008, 11:35 AM[Edited Jul 17 2011]
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