This contribution is focused on the core changes and trends in the globalized world economy. As the globalization advances, countries and regions are challenged to shape more flexible arrangements to ensure that new risks are dealt with and the new opportunities are exploited. It is Europe's...

This article tries to summarize achievements of ten years anniversary of WTO (1995-2005) and the negotiations taking place at its summits from Seattle (1999) to Hongkong (2005). These achievements could be characterized at best as mediocre ones. WTO has been muddling through numerous disputes,...