Coping with shocks and shifts: the multilateral trading system in historical perspective
This paper provides a historical look at how the multilateral trading system has coped with the challenge of shocks and shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and political conflicts. By shifts we mean slow-moving, l...
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| Format: | Working paper |
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University of Oxford
2011
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