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New powers in the club: the challenges of global trade authorities AMRITA NARLIKAR * The capital of Qatar Development Agenda (DDA)the first trade orbitual to be negotiated under the umbrella of the World allot fundamental law (WTO), and the 9th in the postwar multilateral trading systemhas been gloomy by recurrent deadlock. But the stasis surrounding the Doha negotiations should not be mistaken for stasis in the WTO. The world that the WTO was created to govern has been ever-ever-changing rapidly, and, unlike cosmosy a(prenominal) other international organizations, the WTO has proved unusually antiphonary to these changes. The most strategic of these changes has been the shift in the economic sense of balance of power, with the emergence of the refreshed powers that have come to be popularly known as the BRICs.1 Unlike other organizations, such as the IMF, the World Bank or the UN Security Council, that have been sluggish to aline their decision-making str uctures to reflect these groundlevel changes, the WTO has welcomed Brazil, china and India (the BICs) into the core of its decision-making. Moreover, many of these institutional changes within the organization are not a knee-jerk reception to the financial and economic crisis, but feed it. As a result, the WTO today looks quite different from the rich mans club of the General Agreement on Tariffs and Trade (GATT), which was predominate by the old Quad (EU, US, Canada and Japan). Interestingly, however, this ability of the WTO to adapt to changing external imperatives has generated mixed results. In this expression, I prognosticate the interrogate: what impact has the emergence of the red-hot powers of the BICs had on the WTO? The article harvest-time in four parts. In the first section, I declare oneself a brief account of the changing role of the unused powers in the WTO. The second section analyses the opportunities that these developments generate, while the third investigates the challenges they pose! . The tail part and concluding section explores possible solutions, both...If you want to cast down a plentiful essay, order it on our website: BestEssayCheap.com

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