The multilateral trade negotiations in the Uruguay Round have stagnated for years. At the same time, the world economy …. The future of the world trading system depends critically on whether the trading partners realise that regionalism cannot … integration and multilateral trade liberalisation could reinforce each other rests with the world's leading trading partners. Open …

favor of business interests and against the development objectives of Third World economies. It is for various reasons that …

between rich and poor countries in the world economy. Many observers draw an overly pessimistic picture of the perspectives of … experience of the frontrunners among DCs suggests some basic policy conclusions: Openness towards world markets is a precondition …

Globalised markets and production patterns offer favourable opportunities to raise world income. Yet globalisation also … prepared to meet the challenge of fiercer competition on world goods and factor markets. In industrialised countries, low … countries could have raised their share in world welfare gains if they had committed themselves more strongly to binding trade …