The Evolution of the Trade Regime: Politics, Law, and Economics of
the GATT and the WTO. By John H. Barton, Judith L. Goldstein, Timothy
E. Josling, and Richard H. Steinberg. Princeton: Princeton University
Press, 2006. 256p. $29.95.
The scope of this book is impressive. Eight chapters detail the
history and institutional design of the World Trade Organization and its
forebear, the General Agreement on Tariffs and Trade (GATT), analyze their
successes and failures over nearly 60 years, and outline challenges that
the regime must manage to remain politically viable. As the subtitle
suggests, the authors examine the politics that have shaped and sustained
the trade regime; legal issues, particularly in the settlement of trade
disputes; and economics as an underlying factor in the regime's
evolution, along with the trade effects of its presence.