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THE EVOLVING GLOBAL TRADE POLICY LANDSCAPE AND THE AfCFTA

  • Crisis at the WTO is part of a wider crisis in multilateralism
  • At WTO, the crisis is rooted in the policies embedded in the legal commitments in the agreements
  • Contributed to fostering an unbalanced globalization
  • Massive extension of global markets and stronger intellectual property rights protection delivers enormous benefits for certain narrow interests
  • But growing concentration of wealth, inequality, job losses and insecurity        
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