Trade Policy, New Century

The book critiques the current focus on the World Trade Organization and emphasizes the need to shift attention to unilateral trade liberalization, particularly by rapidly growing Asian economies like China. The author argues that large institutions are ineffective in driving trade liberalization, suggesting that the West should eliminate protectionist policies in response. By advocating for a commitment to economic liberalism domestically, the book presents a hopeful view of the global economy's potential through unilateral actions rather than relying on stalled negotiations.