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  • 25 janvier 2006

    Davos, Globalization and the Poor

    Are the poor made better off by globalization, as most orthodox economists and certainly the IMF and World Bank believe? Or are the poor hurt by global competition, as many anti-globalization activists would suggest? The orthodox view (the so-called «Washington Consensus») is frequently wrong: at best, openness to trade needs to be accompanied by many other policies that will allow the poor to take advantage of what globalization has to offer. New evidence suggests that there are four important lessons world leaders need to take into account.

  • 16 janvier 2006

    Protectionists without borders

    Representatives from 150 member countries of the World Trade Organization met in mid-December in Hong Kong, aiming to expand trade flows and improve trade rules. The city's enormous convention center welcomed thousands of delegates representing governments, the private sector, NGOs, journalists, and multilateral organizations. Outside the huge facility, tens of thousands of anti-globalization activists once again protested, against neo-liberalism and trade liberalization. An unnecessary protest, since the gathering proved there is no great conceptual difference between the views of those inside and outside the great WTO bi-annual media theater.

  • 12 décembre 2005

    How the WTO increases your blood pressure

    By now you should be getting used to the desperate headlines. Maybe they’ve spoiled your breakfast, or worse, your day. WTO Meeting in Hong Kong to Fail! Doha Round to Collapse in Hong Kong! Let the WTO Fail! The rising blood pressure of journalists, bloggers, NGO scribblers, and let’s be honest the occasional academic, as they plumb the depths of their rhetorical skills to catch your eye with something interesting to say about the WTO, must be causing their doctors and loved ones alarm. The people who really count on WTO matters --government leaders, WTO ambassadors in Geneva, and the WTO’s new head, Pascal Lamy-- are as cool as a cucumber. They’ve been here before and, if you’re old enough to be reading this article, so probably have you.