Global Trade and Self-Interest Term Paper by cee-cee

The paper attributes the failure of the world trade negotiations to the conflict of interest between developed and developing countries. The paper explains that while developed countries tend to focus on their profit margins rather than the reduction of worldwide poverty, developing countries have their own industrial upliftment in mind. The paper explains why it is much more sustainable and beneficial for all involved to uplift poor countries towards the international marketplace instead of offering financial aid. The paper contends that if delegates from the developed world can remove their mental barriers, they can perhaps also remove the trade and subsidy barriers that are currently keeping poor countries from alleviating their economic crises on a permanent, long-term scale.