GEOG 102 Lecture Notes - Lecture 28: Doha Development Round, Most Favoured Nation, Geopolitics
Document Summary
Countries with largest bargaining power can shape interest. Causes third world countries bargaining powers to decline. Group of third world countries to try to negotiate new and better deal. Third world initiative for doing things differently. A lot of influence over a short period of time. Almost every country in the world belongs. Prevent countries from cheating in global trade- placing barriers on trade. Court that countries can go to and protest. Also wto takes subnational regions ie ca. Not an even court: in theory yes, in practice no. Too often powerful countries are more able to get their say heard. Acts as a forum for continuing agreements general agreements of tariff and trade. Doha round: no resolution has been arrived at as of today. In theory wto should be enforcing free trade. In practice far from a level playing field and favors countries that are already doing well. Build a free trade zone that spans the pacific.
