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This blog is provided by our guest blogger Kristen Hopewell. Kristen Hopewell is an Assistant Professor at the University of British Columbia, Canada and has been a visitor of the Max Planck Institute for the Study of Societies in 2013.
After protracted and contentious negotiations among trade ministers in Bali last month, the WTO announced agreement on a new global trade deal. The so-called “Bali package” is being touted as an historic achievement and a victory for the WTO.
However, such claims should be met with considerable skepticism. In reality, the deal stuck at Bali is of limited consequence and the hype surrounding it is intended to mask the deeper failure of the Doha Round. Read the rest of this entry »