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Fifty Years of the GATT/WTO: Lessons from the Past for Strategies for the Future

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  • C. Fred Bergsten

    (Peterson Institute for International Economics)

Abstract

Five major lessons for successful global trade management emerge from the first fifty years of the GATT/WTO system. They need to be applied to the present situation to set the stage for another half century of successful multilateral trade cooperation. I will summarize the key headings at the outset and then elaborate each, concluding with proposals for the upcoming Fiftieth Anniversary Ministerial and the WTO agenda for early part of the twenty-first century.

Suggested Citation

  • C. Fred Bergsten, 1998. "Fifty Years of the GATT/WTO: Lessons from the Past for Strategies for the Future," Working Paper Series WP98-3, Peterson Institute for International Economics.
    • Handle: RePEc:iie:wpaper:wp98-3
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    Cited by:

    1. Vollrath, Thomas L. & Grant, Jason H. & Hallahan, Charles B., 2012. "Reciprocal Trade Agreements: Impacts on U.S. and Foreign Suppliers in Commodity and Manufactured Food Markets," Economic Research Report 131618, United States Department of Agriculture, Economic Research Service.
    2. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 2, Edward Elgar Publishing.
    3. Aaditya Mattoo & Arvind Subramanian, 2009. "Currency Undervaluation and Sovereign Wealth Funds: A New Role for the World Trade Organization," The World Economy, Wiley Blackwell, vol. 32(8), pages 1135-1164, August.
    4. Richard E. Baldwin, 2006. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade," The World Economy, Wiley Blackwell, vol. 29(11), pages 1451-1518, November.
    5. -, 2001. "Progress made by Caribbean countries in the WTO built-in agenda on services and intellectual property rights," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 27500, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Ramkishen S. Rajan & Rahul Sen & Reza Siregar, 2003. "Singapore and the New Regionalism: Bilateral Trade Linkages with Japan and the US," The World Economy, Wiley Blackwell, vol. 26(9), pages 1325-1356, September.
    7. Tsuneo Akaha, 1998. "Asia-pacific regionalism and northeast Asia Subregionalism," Global Economic Review, Taylor & Francis Journals, vol. 27(4), pages 20-44.
    8. James N. Miller, 2001. "Origins of the GATT: British Resistance to American Multilateralism," Macroeconomics 0012005, University Library of Munich, Germany.

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