The book ‘The General Agreement on Tariffs and Trade (GATT)/World Trade Organisation (WTO)-Law, Economics and Politics’ is written primarily to acquaint the initiated and th euninitiatd in the subject of International Trade Law and international Economic Relation which have evolved for the last five decades after the Bretton Woods Conference establishing ITO, IMF and IBRD and substituted GATT 1994, WTO after the Uruguay round negotiations. The Uruguay Round which started in 1986 had to face only the new non-tariff challenges but also to make multilateralism in all spheres of international economic activity a reality. Obviously, therefore subjects such as Services, Investments, Intellectual Property Rights and all other international economic activities including the settlement of disputes became the subject of intense debate in the Uruguay Round which finally culminated in a new institutional structures in the form of WTO and its Annexes. Developing Countries in the GATT/WTO encapsulates the paradox of how developing countries in the GATT 1947 were feeling discriminated and the same discrimination appears writ large in WTO/GATT 1994 yet the developing countries cannot efford to avoid the WTO or GATT. However, the developing countries have to make structural adjustments and also to ask for special and differential treatment from the GATT/WTO Trade Law Regime coupled with the IMF, IBRD legal regime.
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