1996

Foreword by the WTO Director-General

The post-1945 international economic order was built on the idea that interdependence among nations through increased trade and economic ties would foster peace and shared prosperity. For most of the past 75 years, this idea guided policymakers, and helped lay the foundation for an unprecedented era of growth, higher living standards and poverty reduction. Today this vision is under threat, as is the future of an open and predictable global economy.

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