"There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to … interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of … commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. "--World …

supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …