GATT: Global Corporation
Program #NADR002. Recorded in Washington, D.C. on February 28, 1994.GATT is the General Agreement on Tariffs and Trade. The 100+ member Geneva-based organization sets international tariff and trade rules.The so-called Uruguay round of GATT was concluded in December 1994. GATT has a profound impact on the global economy. It provides the framework of an emerging economic order. Yet far more media attention is paid to Michael Jordan's baseball career. One critic, for example, says GATT will turn the world into a free-fire zone for capital. Another warns that the ability of national governments to direct their own economies will be subordinated to the interests of transnational corporations. Virtually autonomous and unchecked, these planetary conglomerates command more and more power and influence. GATT also created the World Trade Organization, an institution which is designed to override national sovereignty in trade-related matters. The Clinton Administration is strongly pushing for congressional approval of GATT. A vote is expected in the coming months. This program also features Herman Starobin and John Cavanagh.
Your cart is currently empty