Why are developing countries at a disadvantage?

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It is clear that competition and free trade are essential for a healthier world economy and that the WTO’s agenda has good intentions. However, critics argue that while globalisation has the potential to become a positive force for economic growth, too many of the benefits go to well off countries while the cost of adjusting markets and implementing agreements are having to be endured by millions of already poor workers within developing countries.

(Jose Bove – The OCED Observer 2001)

The cost of simply implementing its agreements can sometimes take up an entire years development budget for many of these nations, which would seem to question whether these countries are putting what little resources they have to good use.  (Brett (Parris The OECD Observer; Paris; Oct 2000)

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Why are developing countries at a disadvantage?

Firstly there is a lack of funds and skills among developing countries which are needed in order to maintain a big presence at WTO meetings. While rich countries can afford to fly in teams of trained lawyers, many 3rd world nations lack the resources needed to ensure that they are represented at WTO proceedings.

(Consumers International – Aug 1999)

Also when they do manage to represent themselves at the meetings they are still very much at a disadvantage. All trade negotiations are based on the principle of reciprocity and this kind of ...

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