Wto/Imf International Economic Cooperation Without Thesis

3)

The most major problems currently facing the World Trade Organization come from within. Its image among many poorer nations and certain groups of first world citizens is not the creation of misconceptions, but a reaction to real world consequences of the policies and attitudes that govern the Organization's actions. The World Trade Organization needs to begin operating with more transparency and in tandem with governments, rather than undermining fledgling democracies by restricting bans made for socially responsible reasons and manipulating trade for the benefit of already developed countries and established banks.4)

The Washington Consensus was originally a list of ten advisements regarding economic policy change for borrower nations of the World Bank. Since the development of the list, the term has come in a broader sense to refer to policy change in general, especially in the neoliberal sense, that has been imposed on the poorer nations of the world as a condition for doing business with the World Bank. Over the past decade, the World Bank's agenda has shifted towards an increased liberalization of trade laws in an attempt to open….....