The Challenges Associated with the Wto's Performance in Developing Economies : A Case Study of Saudi Arabia
| المؤلف الرئيسي: | Al-Shammari, Badr A. (Author) |
|---|---|
| مؤلفين آخرين: | Lambie, George |
| التاريخ الميلادي: |
2013
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| موقع: | لستر |
| الصفحات: | 1 - 81 |
| رقم MD: | 601432 |
| نوع المحتوى: | رسائل جامعية |
| اللغة: | الإنجليزية |
| الدرجة العلمية: | رسالة ماجستير |
| الجامعة: | De Montfort University |
| الكلية: | School of Business |
| الدولة: | بريطانيا |
| قواعد المعلومات: | +Dissertations |
| مواضيع: | |
| رابط المحتوى: |
الناشر لهذه المادة لم يسمح بإتاحتها. |
| المستخلص: |
Globalisation can be seen as a phenomenon that currently has a substantial impact on the intensity of trade within international markets. Globalisation has forced all the world economies to enter the international trade arena, with disregard to their willingness and/or capabilities. In this dynamic context, it is hard for some developing economies to sustain competitiveness in international trade environments because of their limited exposure to international markets. Moreover, small businesses and developing economies usually have limited resources, and therefore, they lack the competitiveness of a mature market. This situation has resulted in the escalation of trade disputes and the need for better coordination of international trade activities. In this context, the World Trade Organization (WTO) has emerged as the primary regulator of international trade, promoting opportunities for both developed and developing countries. The primary aim of the organisation is to supervise and liberalise international trade conditions and thus promote international trade among developed and developing countries. This research sought to explore and identify the challenges with which the operations of the WTO can be associated especially in the context of developing economies. This research particularly focused on the challenges faced by the WTO in the context of Saudi Arabia, because of the special position of the country as the largest oil exporter of in the world. The findings of the research reveal that the WTO can be recognised as a helpful organisation because of its capabilities to provide growth opportunities for business enterprises. Using a literature review, a quantitative survey among 99 samples and a qualitative interview with 20 chosen samples, this research evidenced that the WTO is capable of addressing a limited number of issues as identified by the respondents. Although it is the opinion of most of the respondents that WTO can bring more economic benefits to nations, there is ambiguity with respect to the aims and purpose of the trade regulator with a lack in clarity. Based on the findings, this research suggests that even after accession to WTO, Saudi Arabia is unable to derive the maximum possible opportunities and benefits because of WTO’s inability to understand the precise needs of the Saudi Arabian economy, especially those of the SMEs operating in the Kingdom. Overall, this research draws a conclusion that the objective with which WTO was established could not be effectively achieved in the context of Saudi Arabia. |
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عناصر مشابهة
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Saudi Arabia Accession to WTO : Issues and Challenges
بواسطة: Al Hussain, Abd Alaziz منشور: (2012) -
How Effective has the Dispute Settlement Process of the WTO in the Developing Countries, Especially Saudi Arabia
بواسطة: Al Aboudi, Abd Allah Fahad منشور: (2012) -
A Critical Examination of the Influence of Entering the WTO on the Kingdom of Saudi Arabia’s Integration to the Global Economy
بواسطة: Bin Ghannam, Salman Abd Alrahman منشور: (2011) -
An Overview of the WTO as A Development Institution
بواسطة: Al Nashmi, Tarek منشور: (2010) -
WTO Involvement in Achieving the Sustainable Development Agenda
بواسطة: Guechairi, Farah Naima منشور: (2023)
