How Effective is the World Trade Organization?

Paper Summary:

This paper discusses the idea that the effectiveness of the World Trade Organization (WTO) depends on what we mean by effective. For example, does this mean how effective has it been in promoting the interests of trade, or how effective has it been in promoting the interests of the ordinary people of the world, or of big business, or of government, or of the environment? This paper proves the point that trade cannot be, and should not be, separated from environmental issues.

From the Paper:

"To determine the effectiveness of the World Trade Organization (WTO), we first need to determine what we mean by "effective." For example, are we looking at how effective the WTO has been in promoting the interests of trade? Or how effective it has been in promoting the interests of the ordinary people of the world, or of big business, government, or the environment? If we go back to the original mandate of the WTO, it might seem that the only relevant criterion is whether it has been effective in promoting global trade. But even this question is not straightforward, as there are many stakeholders in global trade, including common citizens, big business, and governments."

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