The WTO and nonmarket economies.

The writer discusses the challenge posed for the World Trade Organization (WTO) by the efforts of reforming nonmarket economies, such as China and Russia, to become members. Integrating former nonmarket economies into its membership would enhance the power and influence of the WTO: However, unless...

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Detalles Bibliográficos
Publicado en:Washington Quarterly Vol. 21; no. 3; pp. 5 - 10
Autor principal: Mastel, Greg
Formato: Artículo
Publicado: Taylor & Francis Ltd Summer 1998
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The writer discusses the challenge posed for the World Trade Organization (WTO) by the efforts of reforming nonmarket economies, such as China and Russia, to become members. Integrating former nonmarket economies into its membership would enhance the power and influence of the WTO: However, unless the WTO manage to discipline the trade practices and related industrial policies of these countries, they could potentially break the system.