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The WTO matters more than ever - here's what you need to know about its summit

Is a neoliberal dream being reborn in Latin America? It’s not got off to the best of starts…

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wto_democracy.jpg
wto_democracy.jpg

‘Latin America returns to the global economy’. That’s the message that Argentina’s right-wing President Macri wants world leaders to take away from the World Trade Organisation’s 11th Ministerial Summit in Buenos Aires, which starts tomorrow (Sunday).

Macri dreams of becoming the neoliberal star of Liberal America. Along with interim President Temer of Brazil, who came to power in a legislative coup, Macri wants to erase the work of the ‘Pink Tide’ governments who undertook strongly redistributive policies to control corporations, increase welfare and reduce poverty. Hosting both the WTO and the G20 next year, Macri hopes to get international publicity and make friends among the leaders of the rich world.