Impact of the World Trade Organization's on Democratic Politics Essay example

Impact of the World Trade Organization's on Democratic Politics Essay example

Length: 2901 words (8.3 double-spaced pages)

Rating: Research Papers

Open Document

Essay Preview

Introduction
Over the years, the World Trade Organization (WTO) has prided itself as the central element in the international economic management system across the world. This system incorporates other international bodies such as the World Bank, the International Monetary Fund as well as a series of other regional trade regimes that are growing. Collectively, these structures provide a mechanism that addresses international economic interdependence as well enhancing economic interactions that offer the promise of maximizing social welfare across the globe. These aspects have been brought about due to the focus given in the post-Cold War era where international relations have evolved beyond a narrow emphasis on politico-military affairs. I believe the term security today is brought about by a set of economic issues and other variables that are combined to reflect a general diminishment of the threat to war.
This paper will focus on elucidating the issue whether the creation of the World Trade Organization enhances or detracts from societies democratic politics. This will be brought out by emphasizing on the neo-liberalism approach that will help analyze the effects of World Trade Organization on the democratic politics within the society. It will discuss different perspectives that have occurred over the issue and part of it will take a comprehensive side regarding the issue.
To start with, neo-liberalism entails varying forms and objectives where it’s most ambitious part involves trying to effect a transition from authoritarian state socialism to liberal market capitalism. This incorporates radical experiments that were promoted by the Reagan and Thatcher governments and some key international institutions under neo-liberal infl...


... middle of paper ...


...5. Print.
Little, Daniel. The Paradox of Wealth and Poverty: Mapping the Ethical Dilemmas of Global Development. Boulder, Colo: Westview Press, 2003. Print.
Mingst, Karen A, and Margaret P. Karns. The United Nations in the 21st Century. Boulder, Colo: Westview Press, 2012. Print.
Morrison, Janet. International Business: Challenges in a Changing World. New York, N.Y: Palgrave Macmillan, 2009. Print.
Sen, Amartya. Development as Freedom. Oxford: Oxford University Press, 2001. Print.
Stiglitz, Joseph E. Globalization and Its Discontents. New York: W.W. Norton, 2003. Print.
World Trade Organization. N.P., n.d. Web. 17 Mar. 2014.
Yale Law School Legal Scholarship Repository | Yale Law School Research. N.p., n.d. Web. 17 Mar. 2014.
Zajda, Joseph I, Karen Biraimah, and William Gaudelli. Education and Social Inequality in the Global Culture. New York: Springer, 2008. Print.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Background Of Free Trade Agreement Essay

- Background of Free Trade Agreement The Globalization of FTA (too much for the background?) According to the statistics from WTO, there are 255 regional trade agreements has been signed globally at the end of 2002 and 90% of these agreements are bilateral agreements. Bilateral agreements have gained increasingly attention and become one of the most important choices by more and more countries. In 2002 alone, Singapore has consecutively signed the bilateral free trade agreement with Japan, USA and Australia....   [tags: International trade, Free trade]

Research Papers
1374 words (3.9 pages)

Politics of the people Essay

- Politics of the People touches on a multitude of topics discussed this term. The article brings to light the issues in South America. Specifically in the Amazon, surrounding big oil companies, the destruction of land and environment, and the destitution of the people of Ecuador and how the people and NGO's have taken action to fight it. In this territory of the Amazon according to Judith Kimerling, “the oil spills and contamination of this region of Ecuador equal or supersedes those of the 1989 Alaskan Exxon Valdez oil spill.”(81)....   [tags: Analysis, South American Politics]

Research Papers
1066 words (3 pages)

Essay on The World 's International Politics

- The past consisted of a world dominated by multiple great powers, typically called multipolarity. This went back to as early as the first Napoleonic Era of 1792 and continued until the end of the Nazi Era of 1945 (Mearsheimer, Cause of Great Power War, 348). Unlike the past, today’s international politics has veered more towards a unipolarity system with the United States leading the global order. This creates global conflicts unlike that of the past, or not as immense as before. For example, the international world was multipolarity, but it was unbalanced and created conflict among the greater powers....   [tags: World War II, Cold War, United States]

Research Papers
1564 words (4.5 pages)

Essay on Labor Unions’ Involvement in Politics

- External advocacy and political involvement is deeply engrained in the culture of labor unions. Bill Fletcher Jr. writes myth 8: “the union uses our money for political action and I have no say in the matter,” in his novel “They’re Bankrupting Us” And 20 Other Myths about Unions. In this myth, Bill Fletcher Jr. addresses unions and how they take political action. Labor unions often take political action in a controversial way, while not always getting full advantage of their work. Fletcher says that when unions and politics come together, people especially interpret unions’ missions and their power critically....   [tags: American Politics, Fletcher, Lincoln ]

Research Papers
1616 words (4.6 pages)

Understanding International Trade Essay

- We know that, international relations or affairs among nations could mean many things. It certainly is managed and achieved, through different means or set of rules. There are negotiations, world crises, humanitarian intervention, global warfare, globalization, nuclear arms races and money/economics. Money or international trade to be more specific certainly plays a major role, among the relationships that nations form. In addition, it has a huge political and economic impact, on those decisions that governments chose to engage in, for the betterment of their citizens and country....   [tags: free trade, restricted trade, negotiations]

Research Papers
2210 words (6.3 pages)

Determinants of Philippine Trade: A Regression Analysis of Trade and its Factors from 1980

- Background of the Study With the advent of Globalization, many economies and market particularly the Philippines have become participative in trading with other countries. Through Trade Liberalization in the world market, the Philippine market has opened more opportunities for its trade. However, same economies who participate in the trade area have “adopted inflation targeting” (Aron, J. & MuellBauer,J., 2007). Inflation is defined as In the same direction, it also affects the “influence of real exchange rate on growth” (Aron, J....   [tags: globalization, international trade]

Research Papers
1070 words (3.1 pages)

Essay on Impact Of Globalization On Global Market And Trade

- “From your point of view, has globalization changed global politics or in a negative way?” Globalization can be defined in different ways as follows; • “The acceptance of a set of economic rules for the entire world designed to maximise profits and productivity by universalising markets and production, and to obtain the support of the state with a view to making the national economy more productive and competitive; • Technological innovation and organisational change centred on flexibility and adaptability; the expansion of a specific form of social organisation based on information as the main source of productivity and power; • The dissemination of common cultural values, but als...   [tags: Globalization, Culture, Economics, World Bank]

Research Papers
1123 words (3.2 pages)

Switzerland Immigration Politics Essay

- In order to have a complete understanding of the politics of immigration in Switzerland, it is crucial to realize the impact direct democracy has in shaping public policy and public opinion. Hanspeter Kriesi and Alexander Trechsel, two prominent Swiss political scientists, consider direct democracy not only to be the “most crucial institution of the Swiss political system” but also the most developed system of its kind in the world, both in terms of significance and in terms of sheer numbers. Swiss voters took part in 321 referendums between 1960 and 2003, over seven per year on average, by far the most numerous of the 47 nations in the Council of Europe....   [tags: International Politics]

Research Papers
742 words (2.1 pages)

International Politics Essay

- The declaration that African development is hindered by internal and external factors is a challenged issue. To a greater extent, one may agree to this perception that Africa does not occupy an important position in terms of global geopolitics. However, this cannot be the only factor explaining Africa’s underdevelopment. Other factors such as many African countries being landlocked, poverty, weak regional integration, agricultural immobility, inadequate trade links, poor infrastructure, external influences, political instability and civil wars have shattered Africa’s development....   [tags: African Politics, Instability, Development]

Research Papers
2141 words (6.1 pages)

The European Union (EU) vs the North American Free Trade Agreement Essay

- The European Union (EU) vs the North American Free Trade Agreement Introduction The European Union (EU) is the organization which integrates the countries listed below, both politically and economically. It is a customs union, which is an agreement amongst a group of countries to eliminate trade barriers between them on the movement of goods, services, labor and capital, and also to establish a common external tariff on goods and services coming into the union. The EU evolved from the European Coal and Steel Community (ECSC), which was formed in 1951 as a response to the First and Second World Wars to try to ensure future peace in Europe....   [tags: Political Politics International Trade]

Research Papers
2970 words (8.5 pages)