Question:

WTO more favourable to developed states rather than developing nations?

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is it true?

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   Report

3 ANSWERS


  1. No, we are exporting jobs to developing nations, which means we are exporting productivity under the assumption it will spur consumption in these nations and lead to overall growth. That theory, however, is not working.


  2. Many people believe so. Here's a group that certainly does:

    The Whirled Bank Group

    http://www.whirledbank.org/  

  3. It's hard to find a balance... Developed nations have to progress each time more, but not forgetting about nations in development (which in last instance would also buy goods from developed nations). It's a vicious circle in which everyone would gain so much if certain companies and investors were not so greedy. If we continue like this, in some time, there won't be anything else to fight for... Money will be less worth than dust.

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