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Title:
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The AIIB and the NDB: The End of Multilateralism or a New Beginning?
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Author:
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Jonathan Dove
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Source:
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The Diplomat
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Date:
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April 26, 2016
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Description:
- Multilateral cooperation over the past decade has taken a steep downward turn. From the final demise late last year of the World Trade Organization’s protracted Doha Round of multilateral talks, to the growing proliferation of regional and sectoral trade deals, world powers seem either unable or unwilling to seek common ground like they used to. Indeed, there appears to be a growing universal aversion to the post-World War II forums for negotiation and agreement, which seem mired in bureaucracy and stasis.