QUESTION: Critically discuss the assertion that the World Trade Organisation falls short in serving the needs of the developing countries with practical examples. General instructions: The purpose...

WORLD TRADE ORGANISATION FALLS SHORT IN SERVING THE NEEDS OF THE DEVELOPING COUNTRIES
Table of Contents
Introduction    3
How It All Started    3
Is WTO Necessary for the Developing Nations?    3
How The WTO Has Failed the Developing Countries    4
Concept of Such Special and Differential Treatment    6
Conclusion    6
References    8
Introduction
The World Trade Organization's framework is now falling short of its goals, and there is yet opportunity for development. The World Trade Organization (WTO), which was founded in 1995, presents itself as an international organisation whose principal goal is to open trade for everyone's profit. For the world's poorest nations, the WTO is critical. In actuality, it weakens them on a regular basis. The WTO and its accords do not act in the interests of poor nations; rather, they work for the benefit of the industrialised world, particularly the United States.
How It All Started
It was the United States that advocated for the inclusion of services in the WTO, believing that American firms had a competitive advantage in the rapidly developing field of international services, notably in financial services. The US has pushed for the extension of WTO jurisdiction to include Trade-Related Investment Measures and Trade-Related Intellectual Property Rights. Disappointed by what US trade officials saw as inadequate attempts by GATT to enforce US-friendly decisions, the US was forced to formulate a strong system of conflict resolution and WTO enforcement (Archer, 2014).
Similarly, the WTO arose in 1995 as a result of the United States' view that a free and flexible GATT no longer served the interests of its societies and that a strong and broad WTO was needed. The WTO is a template for the global domination of Corporate America, from the free market thinking it supports, through the rules and regulations enshrined in some of the agreements that exist in the Uruguay Round, to its decision-making. and accountability structure (Nicholson, 2002).
Is WTO Necessary for the Developing Nations?
The WTO's need is perhaps the biggest extortion of our age, and its authenticity depends on a similar purposeful publicity premise utilized by Joseph Goebbels; assuming that we lie commonly, it will turn out to be valid. Just the United States needs the WTO, the remainder of the world does not. The agricultural nations were not especially excited about the Uruguay Round when it was being arranged (Afzal, 2019). The emerging countries were maneuverer into unbiased sanction of the Marrakesh Accord of 1994, which fixed the Uruguay Round and established the WTO. They were to a great extent inactive onlookers, with a huge number not addressed all through the conversations because of asset concerns.
Several emerging nations, the majority of whom were members of the Cairns Group of developing and developed agro-exporters, aggressively pushed the WTO in the hopes of gaining wider access to the common market for their commodities, but they were in the minority. To convince the South to join the WTO, American disseminators stirred up feelings of trepidation that leftover out of the WTO would prompt a country's disengagement from worldwide exchange (as in case of North Korea) and guaranteed that a principles based design of worldwide exchange would safeguard unfortunate countries from forceful activities by large exchanging powers (Bailey, Bailey and Daws, 1995).
Frequently these emerging...