Over-reliance on economic interest groups by policy agencies

The 1980s has seen a fragmentation of the international trading system with an ever-increasing number of trade issues being treated outside the the framework of GATT and a large and growing number of GATT rules themselves being circumvented. Such circumvention is often the reflection of the particular interests of domestic high-cost producers, thus attenuating the broader international benefits of a properly functioning trading system.
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 16: Peace and Justice Strong Institutions
Problem Type:
F: Fuzzy exceptional problems
Date of last update
15.02.1997 – 00:00 CET