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quotes
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MTS > Trade policy
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The Washington Post Editorial |
30 July 2002 Washington Post |
Inevitably, the trade legislation that Congress
has crafted will not please everyone, the House Democrats
are complaining that the bill does not do enough to protect
labor rights or the environment; dozens of critics with
half-ground axes are screaming. But the big point here is
that trade liberalization is one of the few policies that just
about all economists can agree to favor. It creates wealth,
it reduces poverty, it is a positive-sum game. It is a
scandal that the US president has had to do without trade
negotiting authority since it lapsed eight years ago. With
luck this scandal may be about to end. |
| Resident
scholar at the American Enterprise Institute for Public Policy
Research, Claude E. Barfield |
11
January 2000
Journal
of Commerce
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"
The World Trade Organization Trade Policy Review Mechanism -
the TPRM - is potentially one of the most innovative and
far-reaching reforms to emerge from the Uruguay Round of trade
talks. As the 1995 Marrakesh Agreement states, the aim is
""not to serve as the basis for enforcement of
specific obligations'' under the WTO, but to "achieve
greater transparency in, and understanding of, the trade
policies and practices of (WTO) members.''
Staffed
by the WTO Secretariat, the TPRM has conducted more than 100
reviews, covering some 70 countries." |
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