Hungary for trade Free Essay, Term Paper and Book Report
Hungary for trade by John Madeley discusses how and why millions starve in Third World countries while there land is being used to feed the already well fed, and in many respects, overfed West. The short answer is trade as we know it, particularly the ever more dominant liberalization of trade under the auspices of the WTO where everyone is forced onto the field of the market economy. John Madeley argues for agriculture to be made a special case, removed from the restrictions of the WTO and Structural Adjustment Plans (SAPs) imposed by the IMF and World Bank. The author argues that agriculture should not be considered a commodity and should have separate rules than other products implemented by the WTO. Also the fact that the dominate players of the WTO are dominated by transnational corporations (TNCs).The World Trade Organization (WTO) meeting in Seattle in November 1999 challenged the view that trade liberalization would necessary benefit all. On the contrary, its spectacular failure showed what has been the experience of the late twentieth century. While most have gained ......
Word Count: 1641
Page Count: 6.5 (250 words a page / double spaced)
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