Question

In: Nursing

Should World Trade Organization (WTO) regulations be reformed to improve population health? Why or why not?


Should World Trade Organization (WTO) regulations be reformed to improve population health? Why or why not?


Solutions

Expert Solution

Many of these trade rules came into existence with the creation of the World Trade Organisation (WTO) in 1995. The WTO's influence extends beyond commercial relations to affect health, social welfare, and culture

The relation between health and trade is not new. Disease and pestilence have long followed global trade routes, a pattern that continues into the 21st century. A Chinese trade ship was the source of Latin America's cholera outbreak in 1991, which resulted in 10 000 deaths. Increased trade in tobacco products and processed foods high in sugar or fat contribute to rising chronic disease rates in poorer countries.

Trade can also be good for health, improving peoples' lives through access to goods or technologies that cure disease or improve well being. Proponents of trade liberalisation argue further that it can increase economic growth and wealth creation, both of which may reduce poverty and allow for greater investments in health care, education, environmental protection, and other population health determinants

WTO focuses on disease control and prevention, the reduction of a wide range of health risks, and a commitment to reducing health inequities. The public health implications of these agreements can be direct, as in the restrictions the Agreement on Trade‐Related Intellectual Property Rights (TRIPS) can place on access to essential medicines. They can also be indirect in two important ways:

  1. the degree to which WTO agreements skew economic benefits and the health advantages these bring in favour of already wealthier/healthier nations and population groups; and

  2. WTO expansion into trade related areas that have little to do with reducing border‐barriers to imported goods, and that could restrict national governments' abilities to regulate in the interests of public health

WTO rules for government measures span the entire field of public health, includes the following:

  • surveillance and control of infectious disease
  • regulation of hazardous products
  • control of environmental health risks
  • provision of food security and nutrition
  • regulation of the health risks of biotechnology and emerging technologies
  • provision of access to health services and essential medicines
  • measures to prevent chronic disease.

YES,World Trade Organization (WTO) regulations should be reformed to improve population health because Trade liberalization done well can improve economic growth by increasing export and investment opportunities. The economic growth and increasing state wealth help alleviate poverty and are beneficial to human health because they provide opportunities for work and improved living conditions through greater income security; improved labor standards; better access to health care, including affordable medicines; and good nutrition.

Trade policies are powerful drivers of the distribution of power, money, and resources, which affect people’s daily living and working conditions, their health-related preferences and behaviors, and ultimately their health outcomes.

Trade liberalization can bring about health benefits, some health risks can nevertheless be mitigated only by changing specific terms included in or excluded from trade agreements and by preserving the policy space of member states to protect public health.


Related Solutions

Should WTO regulations be reformed to improve population health? Why or why not? (300 word)
Should WTO regulations be reformed to improve population health? Why or why not? (300 word)
What are the primary principles on which the World Trade Organization (WTO) operates? Why are these...
What are the primary principles on which the World Trade Organization (WTO) operates? Why are these principles important for achieving more open trade among member countries? What are the major challenges facing the WTO currently?
Critically evaluate the impacts of COVID- 19 on international trade and the World Trade Organization (WTO)...
Critically evaluate the impacts of COVID- 19 on international trade and the World Trade Organization (WTO) roles in handling this pandemic. The student is required to use ONE (1) country either developing or developed as an example in writing the impacts. The student needs to examine the impacts of the pandemic in terms of the good and services sectors (support by the latest data) and the roles of WTO.
Critics argue that the World Trade Organization (WTO) single-mindedly promotes trade at the expense of the...
Critics argue that the World Trade Organization (WTO) single-mindedly promotes trade at the expense of the environment. Therefore, trade – or more broadly, globalization – needs to slow down. What is your view on the relationship between trade and the environment? Can we encourage trade and, at the same time, protect the environment? How?
Examine the World Trade Organization (WTO) roles and action in handling this pandemic.
Examine the World Trade Organization (WTO) roles and action in handling this pandemic.
Explain how international institutions such as World Trade Organization (WTO), General Agreement on Tariffs and Trade...
Explain how international institutions such as World Trade Organization (WTO), General Agreement on Tariffs and Trade (GATT), World Bank and IMF provide public goods. Discuss the contributions of these international institutions to the world economy as well as the criticisms against their services and policies.
Since joining the World Trade Organization (WTO) in 2001 China’s trade ties with Latin America have...
Since joining the World Trade Organization (WTO) in 2001 China’s trade ties with Latin America have expanded rapidly. However, China’s relationship with specific Latin American sub-regions varies greatly. Describe the nature of China’s ties with Latin America and analyze the differences, for example, between comparative advantage in China-South American ties and competitive disadvantage in China-North and Central American ties.
The World Trade Organization (WTO): includes all of the same countries that signed the Uruguay Round...
The World Trade Organization (WTO): includes all of the same countries that signed the Uruguay Round has emerged as the world's most powerful institution for reducing trade barriers and opening markets does not yet have an effective dispute settlement procedure but will before the year 2005 is controlled by the United States includes China and Russia among its members
Discuss the role of the World Trade Organization (WTO) in the international business? (400 Words) please...
Discuss the role of the World Trade Organization (WTO) in the international business? (400 Words) please write an essay **
After its accession to the World Trade Organization (WTO) in 2001, China was supposed to revise...
After its accession to the World Trade Organization (WTO) in 2001, China was supposed to revise hundreds of laws, regulations and other measures to bring them into conformity with its WTO obligations. They were given 15 years to implement these provisions to be recognized as a "market economy". Should they be granted the status of a "market economy"? Why or why not? Include 5 major points.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT