1. WTO Report Card III: Globalization and Developing Countries
- Author:
- Aaron Lukas
- Publication Date:
- 06-2000
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- The “anti-globalization coalition” that paraded through the streets of Seattle in November and stormed police barricades in Washington, D.C., in April contends that international trade and investment are “lose-lose” propositions. On the one hand, organized labor argues that low-wage workers in developing countries will gain employment at the expense of American workers. On the other hand, self-appointed advocates of the developing world claim that trade with and investment from Western countries lead only to exploitation and continued poverty abroad. Given that negative view of globalization, it is not surprising that anti-trade activists are calling to “shrink or sink” the World Trade Organization.
- Topic:
- Emerging Markets, Globalization, International Organization, International Trade and Finance, and Third World
- Political Geography:
- America and Washington