The World Trade Organization - PowerPoint PPT Presentation

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The World Trade Organization

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The World Trade Organization..the good..the bad..the ugly Introduction About the World Trade Organization Supporters of the World Trade Organization Restructuring ... – PowerPoint PPT presentation

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Title: The World Trade Organization


1
The World Trade Organization
  • ..the good
  • ..the bad
  • ..the ugly

2
Introduction
  • About the World Trade Organization
  • Supporters of the World Trade Organization
  • Restructuring Advocates
  • Trade Liberalization Reactionaries
  • Conclusions
  • Questions

3
About the WTO
  • Formed out of GATT 1994
  • Instituted 1995
  • Primary objective
  • Members
  • Differing viewpoints

4
Supporters of the WTO
  • Back breaking down trade barriers, opening new
    markets
  • Formal organization with power to review and rule
    on disputes
  • Proactive with agenda
  • Mutually beneficial for GN and GS countries
  • Global governance

5
Restructuring Advocates
  • Not democratic or transparent
  • Closed-door meetings
  • Old boy network
  • Structure benefits the global north over the
    global south

6
Trade Liberalization Reactionaries
  • Institution is just a manipulative tool of the
    global north
  • No accountability to country-members citizens
  • Unrepresentative of citizens/ civil society/
    public interests

7
Conclusions
  • Reformers make the best case
  • Disparities between global north and global south
  • Supporters lack data
  • Reactionaries tend toward emotions

8
The World Trade Organization
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