n Acta Juridica - Preface




This volume appears during an extraordinary period in the development of international governance of the world as we know it. The almost two decades preceding the Cape Town meeting at which the papers in this volume were presented, had witnessed an unprecedented acceleration of the structures and instruments of global governance, chiefly at the behest of the 'Washington consensus' and expressed through a myriad of international institutions, among them the World Trade Organisation (WTO), the International Monetary Fund and the World Bank. Building on the foundations of the 'Bretton Woods framework' established after World War II, a global financial superstructure was developed to facilitate 'free trade', effectively strengthening the power of the 'developed world'.


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