Global Trade and the WTO

Paper Summary:

This paper discusses third world countries and the multilateral trade negotiations that they deal with in order to help determine the prospects that they have for continued growth. In addition, the paper also looks at a case study of the steel industry in order to show how international trade affects industries.

Outline
The Growth of Third World Countries
Case Study - The Steel Industry
Conclusion

From the Paper:

"Much of the information that must be addressed when it comes to subsidies and countervailing duties deals with multilateral trade negotiations. These are generally designed to help Third World countries develop more economically and have changed much of the structure of international investment and trade (Diaz-Alejandro & Helleiner, 1987). Analyzing these negotiations and looking at the economic effects that they have shows that many of the trade agreements have slowed down the development in Third World countries (Ho, 1998). This can be seen by the fact that these trade negotiations do not address the link between trade and debt or issues like primary commodity trades (Ho, 1998). Because of this, the liberalization that is seen between countries that are already developed and countries that are just developing is very unequal. "

Sample of Sources Used:

• Abreu, MP. (1990). Developing Countries and the Uruguay Round of Trade Negotiations. Proceedings of the Worm Bank Annual Conference on Development Economics 1989: 21-57.
• Agosin, MR., Tussie, D. & Crespi, G. (1995). Developing Countries and the Uruguay Round: An Evaluation and Issues for the Future. In International Monetary and Financial Issues for the 1990s: Research Papers for the Group of Twenty-Four, vol. VI. New York: United Nations.
• Baldwin, RE. (1995). An Economic Evaluation of the Uruguay Round Agreements. The World Economy 18 supplement: 153-172.
• Baughman, L, Mirus, R., Morkre, ME, & Spinanger, D. (1997). Of Tyre Cords, Ties and Tents: Window Dressing in the ATC? The World Economy 20 (July): 407-434.
• Bethel, SM (1999, December). Decisions, Decisions, Decisions. Food Management. (December, 1999). <http://www.findarticles.com/cf_0/m0BGE/12_34/58544732/p1/article.jhtml ?term=%22organizational+behavior%22+and+%22decision+making%22>.

More papers on Global Trade and the WTO:

• Research Paper # 71056 : "Russia, Ukraine and the WTO"
• Essay # 102746 : "Mexico and the WTO"
• Term Paper # 101823 : "Mexico and the WTO"

APA Citation:

MLA Citation: