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End WTO financial deregulation of finance

Since the current financial crisis started, none of the governments, experts or media who have called for new regulations for the financial industry have taken into account rules of the World Trade Organisation (WTO) which actually impose extreme financial service deregulation on many WTO member countries. Worse, the heads of the G-20 country governments who met on 15 November 2008 to discuss how to reform the financial system, called for finalising the WTO’s current ‘Doha Round’ of negotiations to liberalise trade.

Authors M. Vander Stichele
Type Paper
Date February 2009
dossier Financial
GATS
Trade & Investment
WTO
Responsible organisation SOMO

 

  

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