Tag Archives: free trade

The Role of the World Trade Organisation in International Development

The World Trade Organisation (WTO) is the body through which governments and businesses (mainly TNCs) negotiate the rules of trade, and settle trade disputes once these rules have been established. The concept of the WTO first began with the 1947 … Continue reading

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Arguments Against Trade as a Strategy for Development

Andre Gunder Frank (1971) argues that the reason trade doesn’t work for poor countries is a legacy of colonialism – before independence, the colonizing power simply took these commodities. After independence, developing societies are often still over-dependent on exporting these … Continue reading

Posted in Aid, trade and debt, Global Development, Pot Luck | Tagged , , , | Leave a comment