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What can crises teach us about the robustness of the world's financial architecture. in particular IMF and WTO

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What can crises teach us about the robustness of the world's financial architecture. in particular IMF and WTO

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  1. This is too complicated to answer in whole. For everyone interested, the WTO is a non-elected body that is actually making laws. The WTO hasn't come through with what it promised. Big business has been the only beneficiary.

    Interested in knowing more?

    What's New at Trade Observatory

    May 7, 2007

    Dear Subscribers,

    I want to bring to your attention the Communication from the Chairman of the WTO Committee on Agriculture, Crawford Falconer <>http://www.tradeobservatory.org/library.... and

    IATP's response, "Confronting the Real Challenges" <>.http://www.tradeobservatory.org/library....

    As always, there is a lot more where these two come from--www.tradeobservatory.org.

    * * * C O N T E N T S * * *

    News

    - Why free trade is failing

    - Swedish authorities have found unauthorized genetically modified rice U.S. long-grain rice

    - Johanns: Remember WTO in Farm Bill

    - Remembering Jim Jontz, Fair Trade Hero

    - The World Bank, after Wolfowitz; Managing Globalization

    - No Fast Track to Global Poverty Reduction

    - Japan unhappy with new WTO proposal

    - Maude Barlow addresses Parliament on the Security and Prosperity Partnership

    - India miffed with WTO farm draft

    - BIG Organic Java Victory

    - US Democrats won't push free trade

    - Private health services could be prescription for trade spat

    - WTO could prevent trade war with China

    - Sugar exporters reject EU reform proposals

    - Brazil bypasses patent on U.S. AIDS drug

    - Date Set for CAFTA Referendum in Costa Rica

    - Green camouflage

    - Delegates blast chair's proposals in WTO farm talks

    - NAFTA Superhighway Has Giuliani As Key Player

    Links

    - UN-Water

    - World Water Day 2007

    - Managing water in the home: accelerated health gains from improved water supply

    Documents

    - President Bush and President Lula of Brazil Discuss Biofuel Technology

    - G10 Declaration on the Doha Agenda Agriculture Negotiations, March 2007

    - Mexico Grain and Feed Annual Report 2007

    - Challenges for Food Sovereignty: Four Theses

    - Horizon Project Report and Recommendation

    - Human Right to Water and the Question of Affordability

    - U.S. Senate letter on Doha to President Bush

    - Communication from the Chairman of the Committee on Agriculture, Special Session

    - Central American Energy & Competitiveness Conference

    - Confronting the Real Challenges: Where next for the Doha Negotiations on Agriculture?

    - G33 Statement at Commitee on Agriculture - Special Session, May 2007

    - G20 Statement at the Commitee on Agriculture - Special Session, May 2007

    **************************************...

    News

    Why free trade is failing | April 9 | Journal of Commerce

    http://www.tradeobservatory.org/index.cf...

    Swedish authorities have found unauthorized genetically modified rice U.S. long-grain rice | April 10 | USDA GAIN

    http://www.tradeobservatory.org/index.cf...

    Johanns: Remember WTO in Farm Bill | April 17

    http://www.tradeobservatory.org/index.cf...

    Remembering Jim Jontz, Fair Trade Hero | April 17

    http://www.tradeobservatory.org/index.cf...

    The World Bank, after Wolfowitz; Managing Globalization | April 25 | International Herald Tribune

    http://www.tradeobservatory.org/index.cf...

    No Fast Track to Global Poverty Reduction | April 26 | GDAE Policy Brief No. 07-02

    http://www.tradeobservatory.org/index.cf...

    Japan unhappy with new WTO proposal | May 1

    http://www.tradeobservatory.org/index.cf...

    Maude Barlow addresses Parliament on the Security and Prosperity Partnership | May 1

    http://www.tradeobservatory.org/index.cf...

    India miffed with WTO farm draft | May 2 | Financial Express

    http://www.tradeobservatory.org/index.cf...

    BIG Organic Java Victory | May 3

    http://www.tradeobservatory.org/index.cf...

    US Democrats won't push free trade | May 3 | The Australian

    http://www.tradeobservatory.org/index.cf...

    Private health services could be prescription for trade spat | May 3 | Daily Gleaner

    http://www.tradeobservatory.org/index.cf...

    WTO could prevent trade war with China | May 4

    http://www.tradeobservatory.org/index.cf...

    Sugar exporters reject EU reform proposals | May 4

    http://www.tradeobservatory.org/index.cf...

    Brazil bypasses patent on U.S. AIDS drug | May 4 | Associated Press

    http://www.tradeobservatory.org/index.cf...

    Date Set for CAFTA Referendum in Costa Rica | May 4 | Global Insight

    http://www.tradeobservatory.org/index.cf...

    Green camouflage | May 4 | South China Morning Post

    http://www.tradeobservatory.org/index.cf...

    Delegates blast chair's proposals in WTO farm talks | May 7

    http://www.tradeobservatory.org/index.cf...

    NAFTA Superhighway Has Giuliani As Key Player | May 7 | commonvoice.com

    http://www.commonvoice.com/article.asp?c...

    **************************************...

    Links

    UN-Water

    In 2003, UN-Water was endorsed as the new official United Nations mechanism for follow-up of the water-related decisions reached at the 2002 World Summit on Sustainable Development and the Millennium Development Goals.

    http://www.tradeobservatory.org/index.cf...

    World Water Day 2007

    'Coping with Water Scarcity' is the theme for World Water Day 2007, which is celebrated each year on 22 March. This year's theme highlights the increasing significance of water scarcity worldwide and the need for increased integration and cooperation to ensure sustainable, efficient and equitable management of scarce water resources, both at international and local levels.

    http://www.tradeobservatory.org/index.cf...

    Managing water in the home: accelerated health gains from improved water supply For decades, universal access to safe water and sanitation has been promoted as an essential step in reducing this preventable disease burden. Nevertheless the target "universal access" to improved water sources and basic sanitation remains elusive.

    http://www.tradeobservatory.org/index.cf...

    **************************************...

    Documents

    President Bush and President Lula of Brazil Discuss Biofuel Technology | March 9 |

    White House Press Office White report on President Bush's discussion with Lula on biofuels.

    http://www.tradeobservatory.org/index.cf...

    G10 Declaration on the Doha Agenda Agriculture Negotiations, March 2007 | March 23 | G10 A

    G10 communication on the status of the WTO agriculture negotiations. The G10 outlines their mains priorities in agricultural market access.

    http://www.tradeobservatory.org/index.cf...

    Mexico Grain and Feed Annual Report 2007 | March 28 | USDA -- GAIN

    Mexico's total imports of grain and feed will likely increase in MY 2007/08, though at a more measured pace than the previous years, as the impact of higher international grain prices is being felt by the Mexican livestock production sector.

    http://www.tradeobservatory.org/index.cf...

    Challenges for Food Sovereignty: Four Theses | April 5 | Steve Suppan/IATP

    Speech by IATP's Dr. Steve Suppan before the conference, Power in the Global Food System: Mapping Food Production and Food Sovereignty in the 21st Century, at the Tuft University Graduate Student Symposium.

    http://www.tradeobservatory.org/index.cf...

    Horizon Project Report and Recommendation | Feb. 1 | Horizon Project

    The Horizon Project's recommendations are  a Marshall-type Plan for America, cover four areas:  Trade & Economic Growth;  Education;  Healthcare; and  Public Infrastructure.

    http://www.tradeobservatory.org/index.cf...

    Human Right to Water and the Question of Affordability | April 15 | Shiney Varghese/IATP

    This is a note in response to the references to 'affordability' in the Sub-Commissions Guidelines for the Realization of the right to drinking water and sanitation, Report of the Special Rapporteur, El Hadji Guissé (August 2006) and the General Comment on Right to Water.

    http://www.tradeobservatory.org/index.cf...

    U.S. Senate letter on Doha to President Bush | April 12 | U.S. Senators

    Letter by U.S. Senators on U.S. interests in the Doha negotiations

    http://www.tradeobservatory.org/index.cf...

    Communication from the Chairman of the Committee on Agriculture, Special Session | April 30 | Amb. Crawford Falconer

    Paper by the Chairman of the negotiations on agriculture in the WTO, aimed at reinvigorating agriculture talks in the WTO.

    http://www.tradeobservatory.org/index.cf...

    Central American Energy & Competitiveness Conference | May 2 | USAID

    Draft conference overview for a Caribbean and Central American conference on the development of an integrated power market.

    http://www.tradeobservatory.org/index.cf...

    Confronting the Real Challenges: Where next for the Doha Negotiations on Agriculture? | May 3 | IATP/TIP

    Response from IATP's Trade Information Project and Sophia Murphy to WTO Ag Chair's challenge to

    http://www.tradeobservatory.org/index.cf...

    G33 Statement at Commitee on Agriculture - Special Session, May 2007 | May 7 | G33

    Statement by the G33 at the Commitee on Agriculture - Special Session. The Statement is a response to the Agriculture Challenges paper that the Chair of the Agriculture negotiations, Ambassador Falconer, issued on 30 April 2007.

    http://www.tradeobservatory.org/index.cf...

    G20 Statement at the Commitee on Agriculture - Special Session, May 2007 | May 7 |

    G20 Statement by the G20 at the Commitee on Agriculture - Special Session. The Statement is a response to the Agriculture Challenges paper that the Chair of the Agriculture negotiations, Ambassador Falconer, issued on 30 April 2007.

    http://www.tradeobservatory.org/index.cf...

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  2. Yea i studied the south korea thing too.

    It teaches us that they dont know everything and need to have more input from a party that is actually interested in the borrower country's well being, not just putting more money in the pockets of western countries.

  3. They are in a position to manipulate the money supply and actions of 2nd and 3rd world conuties.

  4. They teach us that the global economy / regional economies are not allways as stable as we think. They teach us not to trust organisations such as the World Bank and the World Trade Organisation to care about the people in crisis economies.
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