This is from Pierre Sauvé and Marta Soprana:
The ASCM, like the Uruguay Round of which it formed a part, was quite clearly the byproduct of a peculiar, “end of history” moment. It is doubtful that such disciplines could easily be replicated today given the vastly more questioning attitudes that pervade public policy debates on trade and investment liberalization relative to those characterizing the heyday of the Washington Consensus.
If there had never been a Uruguay Round, and everything in that agreement was being debated today, with the internet and blogs and twitter and all that, how would it go? Maybe the upcoming experience with the TPP will give us some indication, although the TPP goes much further than the Uruguay Round did in a lot of ways.
