The Islamic Post Blog


Developing Countries Send the World Trade Organization Back to the Drawing Board by Khalida
October 3, 2008, 7:05 pm
Filed under: International, Sept/Oct Volume - 2008, World | Tags:
The WTO General Council assesses the Doha Round, which suffered a major setback after countries in the southern hemisphere balked at the lack of assurance that they would not be overridden with unfair trade practices from dictated by their first world counterparts . (WTO Photo)

The WTO General Council assesses the Doha Round, which suffered a major setback after countries in the southern hemisphere balked at the lack of assurance that they would not be overridden with unfair trade practices from dictated by their first world counterparts . (WTO Photo)

By Muhammad Ahmad, Islamic Post Staff Writer

Director-General  of the World Trade Organization, Pascal Lamy, expressed his concern that the Doha Development Agenda for 2008 will completely collapse as a result of developing countries calling for more safeguard mechanisms after suffering the negative impact of food imports flooding local markets.
This stumbling block is dwarfed by another, earlier this year, in which the WTO had to hold an “extraordinary meeting of its dispute settlement body” after its ruling, which indicated European Union (EU) member bans on genetically modified organisms (GMOs) to be illegal and subsequently under termination, prompted the United States to seek compensation damages from the EU, as reported by Reuters in January.
Both occurrences illustrate the primary focus of the WTO, a body which sets the guidelines for global trade industries, serves well the interests of the international main players, often to the detriment of nations, rich or poor, as globalism itself is a move to strip nations of their own authority – which consists of national laws and boundaries– so that a one world order may exist. Such structures as the WTO have seen a large amount of success in this regard, using unelected delegates to impose global laws which stand over local legislation in a feudal display; but there are more unlikely dissenters in Europe.
The Prince of Wales recently came under heavy criticism from government ministers and also the British press when he expressed dismay that a prospective reliance on corporations like DuPont, Dow Chemical and Sygenta to mass produce GM seeds –-promoted as yielding pest-resistant crops with high yields– would be devastating to small farmers who would have to purchase, at high cost, the non-regenerating seeds each year. What should be debated was “food security not food production,” Prince Charles was quoted by the BBC as saying. GMOs, says the 60 year old Prince who has erected numerous foundations which promote organic agriculture, is a “gigantic experiment with nature and the whole of humanity which has gone seriously wrong,” again, as quoted by the BBC.
Although the WTO admitted a lack of progress in its 2008 report, the organization summarily lays the blame for increased poverty and lack of economic security at the feet of developing countries. “Among the questions explored in this report are whether countries have exploited their comparative advantage, realized economies of scale from access to larger markets, organized their industries in a more efficient manner, and benefited from the spread of technologies.” From this one gets a vision somewhat akin to a patient who has not taken medicine in the prescribed manner, instead of a lack of effectiveness of the prescription itself.
The Washington Office on Latin America (WOLA), in their own report entitled, “The Promises and the Perils of Agricultural Trade Liberalization,” like the WTO, could not help but give a view of how the uneven distribution of the benefits of global trade looks on the ground, but likewise claim that developing countries simply have not been absorbing globalist policies in a successful manner:
“Smallholders need government support and organization to ensure they benefit from new demand in niche markets and from the growing supermarket sector. The globalized economy offers opportunities for small-scale farmers, but they need sustained public support and organization to take advantage of them. Supermarkets and other buyers demand volume, uniformity, and timely delivery, which put smallholders at a disadvantage compared to agribusiness firms.”
Whether WOLA is suggesting that governments pay farmers through subsidies to purchase genetically manufactured seed, or is indicating that small growers should stop producing completely due to high food importations from large international growers (who take advantage of GMOs ) is unclear.

Addendum

New World Trade, Revised Slavery

By Abdul Hameed A. Aziz, Islamic Post Staff Writer
In theory, globalization suggests that every nation has the ability to benefit from Globalization provided they have the ability to specialize their production to attain economies of scale and compete in the global market, thus providing falling costs of goods and services around the world, according to C. W. Hill in his work International Business.
Outside the realm of theory, the New World Order has provided the venue through which most Third World countries are being exploited for their cheap labor and products which emanate from their child workers, lack of environmental conservancy, safety, and decency regulations, and political and corporate corruption.
C.W. Hill made clear that in reality, national sovereignty, due to the rise in the economic supremacy of world banks and their association with international regulatory agencies such as the World Trade Organization, has been reduced to a point where governments answer to international agencies before legislating policies.
Anup Shah of Global Issues points to the benefit of corporate media to educate the mass public in a light that promotes global trade, to further their own expansion in the form of educative platforms and private university-sponsored curriculums, which use text-books funded by conglomerate and partially monopolized corporations.

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