======The Future of the WTO======
The WTO's future may lie in plurilateral agreements, which could revitalize its role in global trade.  \\ 
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^  Quick Facts  ^^
|Report location:  |[[https://www.cato.org/sites/cato.org/files/2023-05/bacchus-trade-pa.pdf|source ]]   |
|Language:  |English  |
|Publisher:  |[[encyclopedia:cato_institute|CATO Institute]]  |
|Authors:  | James Bacchus  |
|Geographic focus:  |Global   |

=====Methods=====
The research method used in the report is an analysis of the WTO's historical approaches to trade agreements, current challenges, and potential solutions through plurilateral agreements.  \\ 
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=====Key Insights=====
The report discusses the World Trade Organization's (WTO) shift from multilateral to plurilateral agreements due to the inefficacy of consensus-based trade liberalization. It suggests plurilateralism as a pragmatic alternative for addressing pressing trade issues, which could eventually evolve into multilateral agreements, thus restoring the WTO's centrality in global trade.  \\ 
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=====Additional Viewpoints=====
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<span #categories_box> Categories:  {{tag>English_publication_language}} |  {{tag>Global_geographic_scope}} |  {{tag>consensus_approach}} |  {{tag>digital_trade}} |  {{tag>environmental_goods}} |  {{tag>global_trade}} |  {{tag>investment_facilitation}} |  {{tag>multilateralism}} |  {{tag>plurilateral_agreements}} |  {{tag>services_domestic_regulation}} |  {{tag>trade_liberalization}} |  {{tag>wto}}   </span>  


~~DISCUSSION~~