and#8216;History has a way of repeating itself in financial matters because of a kind of sophisticated stupidity, and#8217; John Kenneth Galbraith once wrote. In this superb new book, Ross Buckley suggests that the stupidity identified by Galbraith can be traced to the persistence of an inadequate legal system for the regulation of international finance and#8722; a system rooted in the failure of economists and investors to take the legal demands of real-world finance seriously. Everywhere, trade is glorified while finance tends to be taken for granted. Yet financial...
and#8216;History has a way of repeating itself in financial matters because of a kind of sophisticated stupidity, and#8217; John Kenneth Galbra...
The appointment of Dr. Supachai Panitchpakdi as Director-General of the World Trade Organization in 2002 reflects the changing power realities within the WTO. Coupled to this is the growing sense among developing countries that they have been cheated in the way the Uruguay Round commitments have been implemented and a return to unilateralism by the U.S.. The world trading system thus stands at a crossroads. The success of the current Doha Round of trade negotiations hangs in the balance. This volume examines various ways in which the WTO might be reformed or improved and the chances of...
The appointment of Dr. Supachai Panitchpakdi as Director-General of the World Trade Organization in 2002 reflects the changing power realities within ...
