Abstract
Abstract Using Polanyi’s double movement, this article applies it to the proliferation of plurilateral phenomena in trade governance. The article defines plurilaterals and examines four examples of plurilateralism in global trade governance: the Government Procurement Agreement; Joint Statement Initiatives; plurilateral dimensions of regionalism and free trade agreements; and plurilateral arrangements of hybrid nature outside the WTO. The article then proposes a theoretical framework that explains the mixed nature of plurilaterals as well as their proliferation, a pendulum that moves between two utopian concepts that are at the heart of global governance, namely sovereignty and multilateralism. In this context, the WTO oscillates between fragmentation and resilience. Using Polanyi’s double movement, strategic geoeconomics are seen as evolving as a reaction to either robust multilateralism or amplified unilateralism and protectionism.
Published Version
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