Doha success will rebalance trade rules in favour of poor, Lamy
17 Sep '10
4 min read
In a number of other international institutions, we see battle-lines still being drawn between the North and the South over their governance structure. In other words, over their “democratization.” The G20 has signalled that the institutional reform of some international organizations, which it has listed by name, is required. The WTO was not amongst them.
That governance battle has already been fought in the trade sphere, and the outcome is a fairly democratic institution where the voice of the small cannot be ignored. No board, no quotas. One member, one vote, is the background rule against which the WTO forges its consensus.
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