| Title: | Sociocultural globalization - the role of the word |
| Author: | Cristina Veronica Andreescu |
| Publication: | The Proceedings of the International Conference Globalization, Intercultural Dialogue and National Identity. Section: Language and Discourse, 1, p. 345-353 |
| ISBN: | 978-606-93691-3-5 |
| Editors: | Iulian Boldea |
| Publisher: | Arhipelag XXI Press |
| Place: | Tîrgu-Mureş |
| Year: | 2014 |
| Abstract: | This paper aims to discuss the importance of the WTO (World Trade Organization) as successor to the General Agreement on Tariffs and Trade (GATT) as well as the drawbacks of this organization that promotes economic globalization. Advocates of the WTO argue that the definite goal of the WTO is to reduce and to abolish international trade barriers. On the other hand, the WTO treaties have been accused of being partial when it comes to multinational corporations and wealthy nations. The Uruguay Round (1986-1994) that gathered together 123 countries and brought about a reform in the trading system also triggered most of the trade negotiations issues that the WTO focused on. In the end, is this supranational institution just a global power shift towards powerful nations or is it actually a means of settling disputes? |
| Key words: | WTO, multinational, negotiations, disputes, globalization |
| Language: | English |
| Links: |  pdf  html |
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