False aims in I.T.O. Daft Charter

Abstract

The article provides some critical views on the Draft Chapter of the International Trade Organisation (I.T.O.), which is now to be ratified by the World Conference at Havana. The author particularly emphasises the “false aims” which, in his opinion, obscure what should be the real and fundamental aim of the I.T.O. and threatens to complicate its functioning by an orientation not in accordance with historical reality. From this aspect, he considers the greater part of the regulations contained in the Draft Chapter as superfluous, while, on the other hand, he complains that the functions of the conciliation and organisation which the I.T.O. is called upon to fulfil are not adequately covered. In conclusion, the author touches on the delicate problem that the I.T.O. - in its proposed form - might develop into a superstate planned economy, arbitrary and irresponsible, with serious results for countries that are economically weak in the post-war world. JEL: F13

Keywords

• International Trade Organisation
• Draft Chapter
• Havana