Publisher's Synopsis
"... the closer and longer one examines the international trading system, the more evident it becomes that the major task of the Uruguay round negotiations is nothing less than a major review, article by article, of the generalagreement on tariffs and trade and the practices and procedures that have developed since 1984.;The purpose of this would be to make such changes as four decades of experience and a greatly altered world economy seem to dictate and to reafirm and strengthen those norms, rules and procedures found to further trade liberalization and preserve the results. the need to restore the systematic elements of the GATT system is the central theme of the Viravanreport.;Other studies are also propose institutional reforms but they do not give them the comprehensiveness, and pride of place, that they warrant. "Gardner Patterson, former Deputy Director-General of the GATT and onetime Professor of International Economics at Princeton University, in the World Economy, London.
