On Nov 20, 2007, at 9:52 PM, Robert Wrubel wrote:
> This would inevitably be
> accompanied by a shrinking role for national
> governments and democratic institutions, and an
> increasing role for non-democratic international
> bodies like the WTO.
The WTO is an instrument of national governments. It operates by consensus and doesn't have all that much authority on its own. As Jagdish Bhagwati noted, the IMF's travel budget is bigger than the WTO's entire budget.
Doug