Excerpt:
Claude Barfield, a US trade economist, says in a recent book that has stirred keen debate in the international trade policy community that the WTO's disputes machinery is "substantively and politically unsustainable". He suggests governments may only continue to obey its rulings if its powers are curbed.
Claude E. Barfield is a resident scholar at AEI, where he is director of trade policy studies, as well as science and technology policy studies.
The January 2009 issue of AEI's newsletter covers President Bush's visit to AEI, the Mumbai terrorist attacks, pharmaceutical price regulation, and more.