The World Trade Organisation was established in 1995 and inherited much from its predecessor, the General Agreement on Tariffs and Trade. However, many argue that the institution is geared towards acting in the interests of a few major economic powers. This presents a major obstacle to progressive agreements in a number of areas of trade and economic policy.
For related content see:
Measuring the WTO's Performance: An Alternative Account by Rorden Wilkinson
and
Running into a Brick Wall: The WTO Doha Round, Governance Gap and Geopolitical Risks by Braz Baracuhy
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