Preface -- Raymond Vernon / Roger B. Porter -- PART ONE, Introduction and Overview. 1. Efficiency, equity, and legitimacy : the global trading system in the twenty-first century / Roger B. Porter -- 2. Dark clouds over Geneva? : the troubled prospects of the multilateral trading system / Pierre...

More than half of the world's sovereign states are small economies. The majority are in Sub-Saharan Africa and the Caribbean Basin. For small economies, the globalization process involves opportunities, but also important risks because of their vulnerability and lack of diversification. This...

Chinas historic accession to the World Trade Organization (WTO) in November 2001 not only represents an important milestone in Chinas integration into the global economy, but is also among the most important events in the history of the WTO and the multilateral trading system. Through a thorough...