An examination of the influence of the World Trade Organization (WTO) on Mexico.
Written in 2008; 2,287 words; 13 sources; MLA; $ 70.95
Paper Summary:
The paper relates that the WTO has the greatest influence on Mexico, relative to its economic and structural development. The paper explains how the WTO indirectly affects positive global economic growth; rather than mandating policy, it negotiates and ensures that the smallest economic presence has equal access to the same economic and trade apparatus as the largest presence. The paper notes that with less export trade in goods and services, many developing countries would simply remain dependent on foreign aid and would never develop the internal capacity to establish a positive economic model.
Outline:
Overview
The World Trade Organization (WTO)
Mexico and the WTO
WTO Policies in Terms of Development
The World Trade, FDI and Development
Conclusion
From the Paper:
"Mexico is extremely useful in terms of a country for examination relative to ascertaining the influence of developmental policies of international organizations because it has been subject to international forces within the global economy through both its World Trade Organization (WTO) membership as well as its membership in NAFTA (North American Free Trade Association). Additionally, its geographical proximity to the U.S. and its developing economic status ensures that it is subject to various transnational organizational influences by degree depending on the particular organization in question. However, the organization with the greatest influence on Mexico relative to its economic and structural development is the WTO because the WTO's apparatus, while subtle in many respects, has done more to shape the global economy than perhaps any other transnational body and this degree of influence is clearly represented in the Mexican development over the past several decades."
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