WTO and Global Trade Term Paper by Top Papers

The paper discusses how over the last 20 years, in tandem with the spread of globalism as the world's leading economic and financial model, there has been a movement to equate the World Trade Organization (WTO) and its function as the leading international trade facilitator, with that of a global public good (GPG) on a par with the wide range of works facilitated by other major international organizations such as the World Health Organization (WHO), the International Monetary Fund (IMF) or the Organization for Economic Cooperation and Development (OECD) among many other major international organizations ("10" 6). The paper explains that this equation of the WTO with that of a GPG oriented organization was made in spite of the fact that the WTO's primary mission is completely different than that of these and other organizations that are specifically charged with elevating quality of life and living standards of underserved and under-developed countries.