The WTO and Developing Countries

Paper Summary:

This paper examines the changing nature of the relationship between the developing world and the World Trade Organization (WTO). The ministerial marketing in Cancun in 2003 saw the developing countries form a political coalition that effectively countered the historical hegemony of the developed world in pushing through its agenda for neoliberal economic reform.

From the Paper:

"Very few headlines of significance point to a non-event. Yet the failure of the 5th Ministerial Conference of the World Trade Organization in Cancun, Mexico in September 2003 was just such an occasion. The meeting of trade officials from 149 member states had an ambitious agenda before it. Topping the list was continued talks on harmonization of trade in agriculture and services begun in 2000. There were also sweeping new issues, first proposed in 2001 at the Doha Ministerial meeting, members had to a consensus on: non-agricultural tariffs, the environment, enforcing anti-dumping prohibitions, curtailing direct or indirect anti-competitive government subsidies of commercial enterprises and rules governing intellectual property rights. Deadlines for agreements on most of the..."

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