Columbia News Video Forum

Future of the WTO and International Trade: Can Developing Nations Benefit?

Columbia University Economics Professors Jagdish Bhagwati and Joseph Stiglitz and World Trade Organization (WTO) Director General Supachai Panitchpakdi discuss the future of the organization and its policies, along with their visions for the future of international trade.

Jagdish Bhagwati
Jagdish Bhagwati

Understanding the WTO and Policies
University Professor Jagdish Bhagwati argues that those who protest against the WTO often misunderstand its polices and overestimate its power. While there is a certain amount of inequity that needs to be corrected, many WTO policies can help the developing world.

Real (20:19)Video
Joseph Stiglitz
Joseph Stiglitz

The Need for Real Trade Liberalization
Joseph Stiglitz, Nobel Prize winner and professor in Columbia's School of Business and SIPA, discusses the need for a trade liberalization policy that will benefit nations in the developing world and correct the global trade imbalance.

Real (15:07)Video
Supachai Panitchpakdi
Supachai Panitchpakdi

Putting a Global Face on the WTO
Supachai Panitchpakdi, director general of the WTO, says that if the WTO is going to manage globalization properly, it must globalize the way in which it manages itself. This includes greater diversity in the leadership of the WTO and an expanded membership that reflects more of the world's population.

Real (49:15)Video

Shot: Feb 26, 2002
Published: Apr 03, 2002
Last modified:Sep 18, 2002