Sample Essay on:
The WTO

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Essay / Research Paper Abstract

A paper which looks at the structure and function of the World Trade Organisation, with particular reference to the extent to which its policies can be seen as intrusive, and the impact which it is likely to have in the immediate future.

Page Count:

5 pages (~225 words per page)

File: JL5_JLwtoorg.rtf

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Unformatted sample text from the term paper:

organisation is responsible for administering trade agreements, dealing with trade disputes and trade policies and coordinating technical aid for developing nations, as well as acting in collaboration with other international groups. Its mission can therefore be seen as furthering the smooth growth and development of international trade. The WTO has over 140 member countries, who comprise the main official stakeholders in the organisation and decisions are made by consensus of the whole membership, although there is also provision for a majority vote if necessary. Within this framework are working groups and other committees which are set up to deal with specific issues such as environmental concerns. Although NGOs and the private sector do have a voice in WTO decision-making, this can only be expressed through the individual governments concerned (WTO, 2003). Because the WTO grew out of the post-war GATT treaties, it is evident that its major focus is on promoting multi-national trade and that other issues will tend to be seen as secondary. GATT itself having become unwieldy and outdated, the WTO was perceived as a way in which the shortcomings and loopholes which had become evident during the years of GATTs implementation could be resolved and improved upon, and a structure developed which was more appropriate to the changing economic climate of international trade. At the same time, it was acknowledged that the provisions relating to trade agreements were of little pragmatic use if there was no mechanism for legal enforcement, and that this had been one of the major flaws of GATT. ...

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