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اقتصاد::
سازمان تجارت جهانی
It is widely accepted, not least in the agreement establishing the WTO itself, that the purpose of the world trade regime is to raise living standards all around the world--rather than to maximize trade per se.
Imagine a trading regime in which trade rules are determined so as to maximize development potential, particularly of the poorest nations in the world.
In this alternative view, a development-friendly international trading regime is one that does much more than enhance poor countries' access to markets in the advanced industrial countries.
Therefore, a reinvigorated focus on development and poverty alleviation, along with a nuanced, empirically-based understanding of the development process, would have far-reaching implications for the manner in which the international trading regime and the WTO function.
Section VI develops some general principles for a world trade regime that puts development first.
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