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Behind the Scenes at the WTO - The Real World of International Trade Negotiations/Lessons of Cancun (Paperback, 2nd edition)
Loot Price: R1,257
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Behind the Scenes at the WTO - The Real World of International Trade Negotiations/Lessons of Cancun (Paperback, 2nd edition)
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World hunger, jobs, the overall economic prospects of developing
and developed countries alike are all being influenced by the
international negotiations about trade, agriculture, services,
investment and intellectual property rights going on at the World
Trade Organization (WTO). Based on interviews with the
participants, this remarkable book lifts the shroud of secrecy
surrounding these ostensibly democratic negotiations.
What emerges is a disturbing account entirely at odds with the
official picture of a rules-based consensus emerging out of
multilateral trade discussions in which all WTO member countries
are equal participants. In reality:
- Closed doors rather than open access and public information is
the preferred mode of negotiation;
- Decisions are often being made without the full approval of
developing countries;
- The tiny delegations of the poorest and smallest countries have
only a limited capacity to calculate in advance the implications of
what they are being asked to sign up to;
- More seriously still, there are instances of illegitimate
pressures and inducements being offered by the US and EU
delegations - including threats to report non-compliant Third World
delegates to their superiors, and hints that aid to countries
refusing to kow-tow may be withheld.
The revelations contained in this book are of enormous importance
to all those concerned that international institutions should be
more transparent and democratic, and that the rules being developed
for the world economy should primarily be geared to solving the
pressing humanitarian problems of poverty, hunger, jobs and
improvements in the standards of living of all those being left
behind by the process of globalization.
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