WORLD TRADE ORGANIZATION AND CONCERNS OF DEVELOPING COUNTRIES: AN INSTITUTIONAL NEED ASSESSMENT FOR PAKISTAN
Author: Bushra Hamid
DOI Link: DOI: https://www.doi.org/10.56888/BIISSj2011v32n3a5
ABSTRACT
Development is the main subject of multilateral trade negotiations in the World Trade Organization (WTO). The current regulation of international trade is primarily concerned with liberalising markets, neglecting the development perspective, or reducing it to economic growth. Currently, international regulation reduces State intervention in the promotion of development strategies, which may have a relevant impact for developing countries like Pakistan for their capacity to implement national development strategies. The paper emphasises on the institutional need assessment for inserting the development concerns of the developing countries like Pakistan in the regulation of international trade.