Look where we stand

IIPM BUSINESS AND ECONOMY
Yet, what happened at Doha was not totally unexpected; the Uruguay Round (of which the Doha Round was more of an extension) also failed to come up with positive results, like many other plans which failed in the past. So, are people like Kamal Nath to blame for not reaching a middle path? Definitely not! In fact, it is because of people like him that the third world nations have not been bamboozled up the trade alley & ripped clean by the first world counterparts. And when developed and developing countries, the rich and the poor, the strong and the weak fight for the same piece of cake, it may have been naive to expect some kind of result from the dog fight. Carter was right: More than two third of the world’s population constitute the have-nots, and only a third have the power and money to influence economic policies, globally.

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Source :- IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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