Seems like the World Trade Organization (WTO) Director-General, Pascal Lamy, deplores that lack of regulations that could have prevented the current economic troubles (via the BBC): “The boss of one of the world’s most important economic organisations has said the lack of regulation in world markets was the root cause of the financial crisis which has hit world economic growth. (…) Pascal Lamy, the director-general of the World Trade Organisation (WTO), told the BBC that “a little more prudential...



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