Andrew Stoeckel - Rebuilding the World Trading System

More straightforward, more coherent WTO trade rules and an effective system for adherence to those rules would make trade more accessible, more predictable, and less prone to political interference. The world would be better off. That is why reform of the WTO system is essential. While the reform need is widely recognised, there is little agreement on what to do. The reason is a lack of focus on why we need a WTO in the first place and what it can realistically achieve.
In Rebuilding the World Trading System, Andrew Stoeckel answers those questions. He goes back to basics. The market economy is the only system capable of generating what people want. But markets need the proper rules to function efficiently and deal with external effects - whether these markets are domestic or international. Having the right set of trade rules is pointless unless there is compliance. Both aspects need fixing, but the second helps fix the first.
Compliance with...