The role of the world trade organization universality in achieving economic justice at the international level (A critical evaluation)‎

Abstract EN

The world trade organisation was first established to create a change to the unjust economic system that presided at the time.

It was established with promising goals towards creating a more balanced economic and legal orders that attempt to give developing states a real chance towards development and prosperity.

This was done though its constituents agreements that created sets of rule for both developing and developed states to abide by in order to achieve the organisation's goal of equal and just opportunity for all.

However, the practices that followed its establishment shows clearly that this goal was not achieved and in fact we are left with a situation where developed countries are becoming richer and developing states are becoming poorer.

Therefore this paper critically evaluates whether or not the international economic system is unfair and should be replaced with a new one.

The paper concludes by agreeing with such a statement and confirming that there are several substantial problems with the modern world economic system that is formed largely by the WTO and its constituent agreements.

There is therefore an urgent need for an immediate change to be made to the international economic system in order for justice to be achieved at the world economic sphere.