Four Charges Against the WTO

Abstract: My comment on the third chapter of Peter Singer’s One World consists of two parts. In the first, I criticise a common but simplistic approach to the issue of economic globalisation. This approach presumes that charges against the WTO can be translated-more or less directly-into charges against current development trends of the global economy. The WTO is not the only institution that legally structures the global economy, nor are decisions of the GATT or WTO panel necessarily reliable indicators of the major trends in the ever more integrated world market. It is, moreover, far from clear whether competition between jurisdictions leads to a ‘race to the bottom’. In the second part of the paper, I (i) criticise the idea of a general conftict between ‘the market’ and ‘democracy’. (ii) I defend the WTO’s consensus rule against Singer’s charge of being “a very strange view of democracy” and try to make its benefits clear.

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
Four Charges Against the WTO ; volume:25 ; number:2 ; year:2003 ; pages:275-284 ; extent:10
Analyse & Kritik ; 25, Heft 2 (2003), 275-284 (gesamt 10)

Creator
Schefczyk, Michael

DOI
10.1515/auk-2003-0209
URN
urn:nbn:de:101:1-2404171616488.884005708794
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
14.08.2025, 11:00 AM CEST

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Associated

  • Schefczyk, Michael

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