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Article: Cancun's charming outcome - Breakdown in Cancun; World trade talks.(World trade after the breakdown in Cancun)
- Article from:
- The Economist (US)
- Article date:
- September 20, 2003
CopyrightCOPYRIGHT 2003 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Champions of the world's poor are celebrating the collapse of global trade talks. Some champions
"VICTORY to the people," cheered a press release from a globophobic activist group, Food First, after the world trade talks broke down in Cancun on September 14th. This delight is widely shared among developing-country advocates and even among many poor-country governments. Great news from Cancun? What scandalous rubbish. The failure sprang not from principle, nor even from intelligent calculation, but from cynicism, delusion and incompetence. It is going to leave most people in the world worse off--and, without a doubt, those who will suffer worst are the world's ...