The WTO and Developing Countries

Paper Summary:

The paper explores the stance of the World Trade Organization (WTO) in regards to its policy of accession with developing countries and specific restrictions on trade for other countries. The paper focuses on Kyrgyzstan and further developments of the WTO with Russia and China. The paper provides a brief synopsis on globalization and capital to shed light on the effects of trade on the global economy.

From the Paper:

"The World Trade Organization has, since the Doha Ministerial Conference in 2001 had at the center of its policy the enhancement of developing countries with trade. The Committee on Trade and Development deals with economy issues facing less developed countries (that is less developed in the areas of agriculture, or natural resources) and works on trade related issues that may arise from such shortcomings.
"Another area by which the WTO has interacted with developing countries is through technology. The WTO has set forth specific goals for accessible technologies to be traded between countries whether or not they are developing or already developed in technology. Agriculture and technology are key components of the Doha Ministerial Conference because they allow for multilateral trade. The WTO has two-thirds of its members as developing countries so their inclusion in policy and multilateral trade is essential to the role of the World Trade Organization (Ingco 2004)."

Sample of Sources Used:

• East Asia, Recovery and Beyond. The World Bank, Washington D.C. 2000.
• Gertler, Jeffrey L. China and the WTO. Eds. Bhattasali, Deepak et al. Oxford University Press. 2004.
• Gleason, Gregory. Markets and Politics in Central Asia. Routledge, London. 2003.
• Ingco, Merlinda D. Agriculture, Trade and the WTO. The World Bank, Washington D.C. 2003.
• Ingco, Merlinda D. and John D. Nash. Agriculture and the WTO: Creating a Trading System For Development. The World Bank, Washington D.C. 2004.

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