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The Future of the WTOThe implication of this is clear. The WTO’s future will either be to stay on the 20thcentury side-track on to which it has been shunted, or to engage constructively andcreatively in the new range of disciplines necessary to underpin 21st century trade.ReferencesAndo, Mitsuyo and Fukunari Kimura (2005), “The Formation of International Productionand Distribution Networks in East Asia,” in T. Ito and A. Rose (eds) International Tradein East Asia, NBER-East Asia Seminar on Economics, Volume 14, pp 177-216.Baldwin, Richard (2011), “21st Century Regionalism: Filling the gap between 21stcentury trade and 20th century trade rules”, CEPR Policy Insight No. 56, London:CEPR.Clemens, Michael A. and Jeffrey G. Williamson (2004), “Why Did the Tariff-GrowthCorrelation Change after 1950?“, Journal of Economic Growth 9(1), 5-46.Evenett, Simon (2011), “Did the WTO Restrain Protectionism During The RecentSystemic Crisis?”, www.globaltradealert.org.Federal Reserve Bank of Dallas (2002), “Maquiladora Industry: Past, Present andFuture”, Issue 2.Feenstra, Robert and Gordon Hanson (1997), “Foreign direct investment and relativewages: Evidence from Mexico’s maquiladoras,” Journal of International Economics42(3-4), 371-393.Gaulier, Guillaume, Francoise Lemoine and Deniz Unal-Kesenci (2007), “China’semergence and the reorganisation of trade flows in Asia,” China Economic Review18(3), 209-243.Haberler, Gottfried (1958), “Trends in International Trade, Report of a Panel ofExperts”, Geneva: GATT Secretariat.131
Rethinking Global Economic Governance in Light of the CrisisKimura, Fukunari, Yuya Takahashi, and Kazunobu Hayakawa (2007), “Fragmentationand parts and components trade: Comparison between East Asia and Europe”, TheNorth American Journal of Economics and Finance 18(1), 23-40.Ostry, Sylvia (1999), “The Future of the WTO”, Brookings Trade Forum, edited byDani Rodrik and Susan Collins, Washington, DC: Brookings Institution.Athukorala, Prema-chandra (2006), “Multinational Production Networks and the NewGeo-economic Division of Labour in the Pacific Rim,” Departmental Working Papers2006-09, Australian National University, Arndt-Corden Department of Economics.Rodrik, Dani (2000), “How Far Will International Economic Integration Go?” Journalof Economic Perspectives 14(1), 177–186.Rodrik, Dani (2002), “Feasible Globalizations”, NBER Working Paper 9129.132
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