How effective is internationalism in addressing contemporary global issues?
International trade among countries is one way with dealing with global issues. It can improves peoples prosperity and prosperous countries are less likely to fight with one another. The WTO was created to promote and regulate international trade.
There are critics who argue that the WTO favours richer developed countries at the expense of the poorer developing countries. For example, farmers in developed countries have advantages that farmers in less developed countries do not.
Farmers in Canada, for example have subsidies to help meet expenses. Farmers can sell their products at a lower price than if they did not have subsidies. These farmers can then compete nationally and internationally. Farmers in less developed nations do not have these subsidies and cannot compete on the international market.
Many also believe that internationalism do more harm than good. Institutions like the International Monetary Fund and the World Bank reduce the independence of national governments. In order to borrow money, these governments need to change its policies to fit what the IMF and World Bank want. The governments may have to cut social programs, such as education or health care.