Exact(3)
Scapegoating may be good politics, but proposing a bilateral fix for a multilateral problem is just bad economics.
In essence, Mr. Aquino said, "Our position has always been that a multilateral problem does not lend itself to a solution on a bilateral basis".
The problem is thereafter formulated as a multilateral problem.
Similar(57)
Contrary to accepted wisdom, America does not have a bilateral trade problem with China — it has a multilateral trade problem with a broad cross-section of countries.
"Multilateral problems should have a multilateral solution," he said.
A multilateral approach to problem solving offers all of us the best hope for a better world" [ 29].
Germany has repeatedly called for a multilateral approach to the problem and warned against America's going it alone.
"Afghanistan is almost the archetypal international problem requiring a multilateral solution for the emergence of a political framework," he recently wrote in the International Herald Tribune.
It makes a lot more sense to address the problem in a multilateral setting, where China couldn't portray itself as a weak, righteous fighter holding out against arbitrary American power.
He has argued fervently for a multilateral approach to the many problems that confront the world economy and proposed an ambitious set of goals for the G-20 meetings.
Ironically, the tragedy of Sept. 11, by causing economic prospects throughout the world to worsen and by making leaders reassess the value of a multilateral approach to solving global problems, created a sense of urgency that proved decisive in the go-ahead for the Nov. 9-14 WTO ministerial conference in Doha, Qatar.
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Justyna Jupowicz-Kozak
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