ABSTRACT
For many, the media reports of the demonstrations during the WTO’s Seattle Ministerial Meeting, as well as those accompanying the meetings of the IMF and World Bank in April 2000, offered the first glimpse of a global institutional framework which, though still rudimentary, is firmly rooted and has gone some way towards consolidating its form. As we have seen, much of the recent consolidation in this global institutional framework can be attributed to the completion of the Uruguay Round and the subsequent co-operation that has taken place among these three organisations. It is unlikely that we will witness any regression in the evolution of this framework – what we have called throughout global economic governance – though at times it will wax and wane. Rather, we are likely to see further consolidation, development and evolution. Inevitably, this will ensure that these organisations remain the source of much attention.
