Towards Democratization of World Trade Organization: A Theoretical Discourse

Abstract

The progression of globalization seems to undermine the nation state as well as international organization making them as facilitators. As international organizations (IOs) have grown in number and influence, there has been an increase in calls for their democratization. One of the principal ways they can improve their nature is by becoming more transparent in decision making with following democratic norms. However, in order to gain sufficient understanding of the chances for international democracy and of the role of states within the framework of an international commerce, it is necessary to recognize the fact that the still nation -state continues to be a prerequisite of democratization, though with a revised role. It is necessary to make the case for renewed approaches to examine the role of confidence in international associations that can vary across different nationalities. In this contexts, International Organizations (IOs)may be defined as “associations established by governments or their representatives that are sufficiently institutionalized to require regular meetings, rules governing decision making, a permanent staff, and a headquarters".1 Many existing research concludes that countries join such organizations to resolve coordination and bargaining problems or to increase influence over third parties which specially applies to the way in which World Trade Organization (WTO) functions.