WHAT IS THE IMPACT OF BEING MEMBER OF WORLD TRADE ORGANIZATION FOR DEVELOPING COUNTRIES LIKE ETHIOPIA?
Answer Fitsum: Trade liberalization is a highly contentious issue for developing countries, many of whom feel the WTO is essentially a rich man’s club. For pros and cons in this debate, I offer the following: For a critical treatise from a developing country viewpoint, see: “Strengthening Developing Countries in the WTO” (Trade and Development Series No. 8), by Bhagirath Lal Das http://www.twnside.org.sg/title/td8.htm Mr. Das posits that — “Amidst all these challenges in the WTO, the developing countries are in a very weak position. This weakness is manifested in various ways, some of which can be well-identified. For example: (i) the developing countries have been getting less than equal treatment in several areas, (ii) they have been making significant concessions to major developed countries without getting much in return from them, (iii) several important provisions of special and differential treatment of developing countries have not been properly implemented, (iv) the subjects