The old entente

After all, for fifty years in the GATT the U.S. and Europe divid­ed the top jobs in the World Bank, IMF, OECD and GATT between them. bq. Devel­op­ing coun­tries have raised con­cerns about the Unit­ed States and Euro­pean Union tac­it­ly shar­ing out the top posts at the major inter­na­tion­al finan­cial insti­tu­tions, includ­ing the WTO. (Channelnewsasia.com) But such a deal no longer makes an dif­fer­ence. Devel­op­ing coun­tries could eas­i­ly man­age the con­sen­sus deci­sion — if they were of one mind.

No Comments

Leave a Reply

Your email is never shared.Required fields are marked *