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World Trade Organization

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The World Trade Organization has not produced efficient results to stabilize developing 3rd world countries and have demonized developed nations by regulating them in order to help undeveloped nations. Globalization and the World Trade Organization are connected because globalization is done through the growth of free or less restricted trading in goods, services, technology, and capital. Now with that being the case, the developed countries have less restricted markets to trade goods, they have more advanced technology, and most significantly they have a tremendous amount more capital. The World Trade Organization was initially designed in order help developing nations fight off the regulations such as trade barriers and subsidies which are linked to the concerns about the unfair nature of trading rules and the non existence of level playing fields which burden the developing nations.
The World Trade Organization has only further burdened nations that actually benefit from globalization for instance China. The WTO has enforced policies that have restricted the role of private businesses in China’s economic development. Unfortunately for developing nations the minor enforcements from the WTO on developed nations has really hurt the developing nations because the WTO has not prevented ambiguous rules on concluding trade agreements that allow the developing nations to be manipulated by the rich states. Africa has been forced to remove tariffs on up to 90% of their trade because the WTO has not enforced rules that protect developing nations. Also the WTO was supposed to make the special treatment of developing nations more effective. Small developing nations have been left behind in medicine and scientific fields. The poorest people in these nations are unable to get affordable medicine because it has not been clarified of whether the need for governments to protect

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