Costly fudge at the WTO
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20/07/1999
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Financial Times (London)
The most that can be said of the agreement to split the leadership of the World Trade Organisation between the two candidates is that it ends long, damaging and unseemly dispute that should never have happened. That is also what makes the compromise so regrettable. Born solely of WTO members fear of further deadlock, it is an inglorious victory of political expediency over the long-term interests of the institution. (editorial)