Governing Global Trade: International Institutions in Conflict and
Convergence, Theodore H. Cohn, Burlington, VT: Ashgate, 2002, pp. xi,
329.
At a time when all eyes are riveted on the World Trade Organization
(WTO) and the ups and downs associated with its current round of
negotiation initiated in Doha, Qatar, in November 2001, Theodore
Cohn's latest publication provides a vivid reminder: The global
trading regime is made up of much more than the WTO. The GATT/WTO is
still pivotal in Cohn's diachronic overview of the evolution of the
global trade regime since the creation of the General Agreement on Tariff
and Trade (GATT) in 1947, but unlike several other studies on a similar
topic, the author untangles the relationship between the GATT/WTO and
other formal and informal international institutions, such as the
G7/G8, the Quadrilateral Group (Quad), the Organization for Economic
Co-operation and Development (OECD), the G77, and the United Nations
Conference on Trade and Development (UNCTAD). Each institution, as well as
the United States and the European Union, is given relatively equal
coverage in this notable study. Yet, as an indication that the
GATT/WTO is still primus inter pares, most chapters revolve
around the major negotiation rounds of the international organization.
Chapter 2 traces the origins and early period of the postwar trade regime
(1947–1962). Chapters 3 and 4 concentrate on the Kennedy
(1962–1972) and Tokyo (1973–1979) rounds of the GATT
respectively. Chapter 5 details the uncertainty associated with the
survival of the GATT (1980–1986). Chapters 6 and 7 focus on the
momentous Uruguay Round of the GATT (1986–1994), and chapter 8
highlights the post-Uruguay Round period (1995–2001).