WTO Deadlock: The Power of No (12/03)
With the collapse of the World Trade Organization’s (WTO) September summit, Cancun looks destined to join Waterloo, Stalingrad, and Seattle as a place name that becomes shorthand for an historic event. The second of the institution’s five summits to end in deadlock, this one will likely assume landmark status as the first time that the Global South (Asia-Pacific, Africa, the Caribbean, and Latin America) united to reject the economic aggression of wealthy Northern countries, specifically the United States, European Union (EU), and Japan.