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Essay text:
Jan Aart Scholte has suggested that critics of
the WTO fall broadly into one of three categories: ‘radicals’, who believe the institution
is failing to the degree that it ought to be abolished; ‘reformers’, who are still in favor of
maintaining the WTO but believe it is in need of serious re-thinking; and ‘conformers’,
who believe the current trading system and WTO need only minor adjustments.1 This
paper is written from a reformist viewpoint. Although current political realities,
especially the recent collapse of the Doha Development Round of Trade Negotiations,
may seem to provide growing evidence to support the radicals’ argument, this paper
suggests a means by which we might improve the WTO’s deficiencies while still
preserving what exists and functions well at the WTO...
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