By Walden Bello
The World Trade Organization (WTO) is a multilateral body that elicits fear, anger, and exasperation throughout the South. This, despite the oft-repeated claim by WTO apologists that by providing a set of rules and dispute settlement mechanisms for global trade, the organization protects the weaker and poorer countries from unilateralist actions by the stronger ones. This Southern view stems from a strong sense that the WTO is essentially an institution that is deeply biased against the development of the South. This attitude was recently epitomized for many by the resistance of key Northern countries led by the United States to the appointment of Thai Deputy Prime Minister Supachai Panitchpakdi as director general of the organization.
The Iron Cage: The WTO, the Bretton Woods Institutions, and the South By Walden Bello The World Trade Organization (WTO) is a multilateral body that elicits fear, anger, and exasperation throughout the South. This, despite the oft-repeated claim by WTO apologists that by providing a set of rules and dispute settlement mechanisms for global trade, the organization protects the weaker and poorer countries from unilateralist actions by the stronger o­nes. This Southern view stems from a strong sense that the WTO is essentially an institution that is deeply biased against the development of the South. This attitude was recently epitomized for many by the resistance of key Northern countries led by the United States to the appointment of Thai Deputy Prime Minister Supachai Panitchpakdi as director general of the organization. 2003NS-AddStory70e2dfe7e79f5145069937c81891ccf6