"The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development"
About this Quote
The pairing of “trade liberalisation” with “economic development” is the rhetorical hinge. Liberalization is the mechanism; development is the promise. Put them in the same sentence and you smooth over the contested middle: who bears adjustment costs, who captures gains, and what happens when domestic politics collide with global rules. The subtext is confidence that open markets are not just efficient, but civilizing - a European social-democratic bet that rules-based globalization can be governed, not merely unleashed.
Context matters: this is the WTO era when dispute settlement looked like a breakthrough in enforcing predictable norms, and when the institution still carried post-Cold War legitimacy as an alternative to power politics. It’s also the moment when the backlash was already brewing: protests in Seattle, fights over agriculture, patents, and the suspicion that “development” was being invoked as a catchall justification for rich-country priorities.
Lindh’s intent is to anchor Sweden and the EU on the side of multilateralism: the WTO as proof that global capitalism can be tamed by law. The line works because it offers reassurance without admitting doubt - a political necessity precisely when doubt was becoming the story.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Lindh, Anna. (2026, January 15). The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development. FixQuotes. https://fixquotes.com/quotes/the-wto-has-one-of-the-most-impressive-records-in-138352/
Chicago Style
Lindh, Anna. "The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-wto-has-one-of-the-most-impressive-records-in-138352/.
MLA Style (9th ed.)
"The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-wto-has-one-of-the-most-impressive-records-in-138352/. Accessed 24 Feb. 2026.



