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More power to the World Trade Organisation?

In the entire history of international trade there has never been an institution as powerful and influential as the World Trade Organization (WTO).

The rules it passes and the sanctions it can authorise are binding on its members. Its attraction has grown as more and more countries have liberalised their economies in the hope of sharing in the benefits of expanding world trade.

This report looks at the history of the WTO, the challenges that it faces and its critics, who argue that it is the large transnational corporations of the rich North who have done best out of free trade.

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More power to the World Trade Organisation? (123kb)