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4 - Key challenges facing the WTO

Published online by Cambridge University Press:  05 August 2012

Robert E. Baldwin
Affiliation:
University of Wisconsin–Madison
Mike Moore
Affiliation:
World Trade Organization
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Summary

Introduction

As the broadening in the scope of its rules and recent rapid rise in membership demonstrate, the World Trade Organization (WTO) arguably has become the most successful international organization dealing with economic relations among nations. This success has, however, been accompanied by an increase in strains within the WTO and in outside pressures that challenge the long-run viability of the institution. This chapter briefly examines the nature of the major challenges that have arisen and discusses various proposals for successfully meeting them, including actions agreed upon at the November 2001 Ministerial Conference in Qatar launching the Doha Development Round.

The discussion focuses on six issues confronting the WTO that require attention by its members to ensure the continued effectiveness of the institution. They are:

  1. The work ‘overload’ on WTO members and the WTO Secretariat brought about by the significant increase in recent years in the number and technical complexity of matters on which WTO rules have been negotiated and are currently being proposed

  2. The deep dissatisfaction of the developing countries over the balance of gains and adjustment costs between developing and developed countries in recent rounds of multilateral negotiations, especially the Uruguay Round

  3. The impact of recent WTO rules on domestic economic and social conditions that traditionally have been influenced mainly through domestic political decision-making processes

  4. […]

Type
Chapter
Information
Doha and Beyond
The Future of the Multilateral Trading System
, pp. 46 - 67
Publisher: Cambridge University Press
Print publication year: 2004

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References

Barfield, C. E., 2001. Free Trade, Sovereignty, Democracy: The Future of the World Trade Organization, Washington, DC, AEI Press
Bhagwati, J., 2000. The Wind of the Hundred Days: How Washington Mismanaged Globalization, Cambridge, MA, MIT Press
Blackhurst, R., 1998. ‘The Capacity of the WTO to Fulfill Its Mandate’, in Anne O. Krueger (ed.), The WTO as an International Organization, Chicago, University of Chicago Press
Preeg, E. H., 1970. Traders and Diplomats: An Analysis of the Kennedy Round of Negotiations under the General Agreement on Tariffs and Trade, Washington, DC, Brookings Institution
Rodrik, D., 1997. Has Globalization Gone Too Far?, Washington, DC, Institute for International Economics

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