"On 1 January 2008, the multilateral trading system will celebrate its 60th anniversary. This year's World Trade Report celebrates this landmark anniversary with an in-depth look at the GATT and its successor the World Trade Organization — their origins, achievements, the challenges they have faced, and what the future holds. The story is one of remarkable change and adaptation, of a system that has contributed significantly to post-war prosperity, but which has not delivered all it could and which still faces formidable challenges."