OECD countries still dominate the world economy, but their share of world trade dropped from 73% in 1992 to 64% in 2005, and some of the world’s most important economies are not members of the OECD. Foremost among these are the so-called BRIICS: Brazil, Russia, India, Indonesia, China and...

"Yet by 2020, twenty-five years after the WTO's creation, it was the United States that has become the great disrupter - disenchanted with the rules' constraints, including on its ability to create new rules. It was the United States that flouted WTO rules in the name of "national security" and...

This book analyzes key elements of the trade performance of Brazil, Russia, India, Indonesia, China and South Africa (the BRIICS) in relation to the rest of the world, focusing on trade and other policies influencing that performance. Developments in global trade policy are reviewed, notably the...