Two takes on MC11: One invokes Freud, the other finds results ‘depressing’

Two veteran trade analysts this week weighed in with post-mortems on the recently concluded World Trade Organization ministerial – one finding in the perceived paucity of results “troubling complacency among the world’s trade leaders,” the other paraphrasing Freud in assessing results that suggest “sometimes nothing is just nothing.” To Jeffrey Schott, senior fellow at the Peterson Institute for International Economics and a former Treasury Department official, the lack of results at MC11 underscored the state of international trade – protectionism...