Yes, the WTO needs fixing—but not the way this NY Times piece imagines

Farah Stockman’s ideas won’t work because they don’t ‘get’ the WTO

By Peter Ungphakorn
POSTED DECEMBER 27, 2020 | UPDATED DECEMBER 28, 2020

There’s a little anecdote on the World Trade Organization’s website, right at the start of “Understanding the WTO”. As the name suggests, “Understanding” is the principal explainer of how the WTO works. The anecdote goes:


Participants in a recent radio discussion on the WTO were full of ideas. The WTO should do this, the WTO should do that, they said.
     One of them finally interjected: “Wait a minute. The WTO is a table. People sit round the table and negotiate. What do you expect the table to do?”

If we keep that in mind as we read Farah Stockman’s New York Times opinion piece (“The W.T.O. Is Having a Midlife Crisis”, December 17, 2020), then it’s easier to see why so much of the piece is wrong.

Continue reading “Yes, the WTO needs fixing—but not the way this NY Times piece imagines”

The WTO is surprisingly busy — considering it’s supposed to be dead

The reports of the WTO’s death are greatly exaggerated

By Peter Ungphakorn
POSTED JANUARY 17, 2020 | UPDATED JANUARY 17, 2020

As December approached last year, a steady stream of news reports and other articles warned of the impending death of the World Trade Organization (WTO). Deathday (December 10, 2019) came and went and still the WTO is alive and kicking.

If anyone needs proof, they could look at the schedule of meetings for the coming year. Continue reading “The WTO is surprisingly busy — considering it’s supposed to be dead”

‘Do trade deals to escape the WTO.’ So why bother with it? — a presentation

The WTO has become a weapon in a war of words over other issues. For some Brexiters, it’s a deal to look forward to. For some Remainers, it’s a wreckage. For Trump, it’s “unfair”. That’s the worst possible way to get to know the trading system almost all of us rely on

By Peter Ungphakorn
POSTED FEBRUARY 13, 2019 | UPDATED FEBRUARY 13, 2019

This page is based on a presentation given on February 7, 2019, introducing the basics and current issues in the World Trade Organization (WTO). It includes a link to download a handout of the presentation.

It was part of a contribution to a “Westminster Workshop” on parliamentary oversight of trade agreements organised by the Commonwealth Parliamentary Association UK in London, February 6–8, 2019.

Continue reading “‘Do trade deals to escape the WTO.’ So why bother with it? — a presentation”

What is the WTO? And is it undemocratic?

In the past few weeks we’ve seen a revival of the old claim that the WTO is undemocratic. Why? Because it has become a weapon in the Brexit war of words. As ever, the truth is more complicated.

By Peter Ungphakorn
POSTED AUGUST 17, 2018 | UPDATED MAY 16, 2020

It all began when hard-Brexiters started to claim that if the UK and EU fail to reach agreement, this wouldn’t be “no deal”. It would be a World Trade Deal — the new term they now use to describe operating on WTO terms, which some also claim would be the best outcome.

The response from some Remainers is to criticise the WTO. If their enemies like it, it must be bad.

BRIEFLY
• The WTO is 164 member governments who operate an international trading system based on agreed rules
• Is it democratic? Yes and no

JUMP TO
What is the WTO?
What about the Secretariat?
It’s member-driven
Is the WTO democratic?
Don’t compare the WTO and EU
Find out more

One repeated claim is that the WTO is undemocratic.

“When did you last vote for your representative in the WTO?” and “How can I find my WTO MP?” were among the questions.

There’s a lot wrong with the WTO, and a lot right, but these new attacks miss the point completely. Continue reading “What is the WTO? And is it undemocratic?”