Forming the World Economic Order - A critical discourse analysis of a trade policy paper by IMF, World Bank and WTO
(2018) STVA22 20181Department of Political Science
- Abstract
- Power dynamics play a significant role in the international institutions and in the global economic order, thus advancing some and disadvantaging others. Trade is a crucial aspect of this order since it is one of the fundamental pillars that constructs the world economic order itself, and international institutions have a dominant position in forming the discourse on global trade through their policies. We will therefore analyze how IMF, World Bank and WTO portray trade in one of their more recent policy paper “Making Trade an Engine of Growth for All” to understand how this affects the global economic order. In order to analyze the paper we will use Norman Fairclough’s critical discourse analysis on the primary material. In our research... (More)
- Power dynamics play a significant role in the international institutions and in the global economic order, thus advancing some and disadvantaging others. Trade is a crucial aspect of this order since it is one of the fundamental pillars that constructs the world economic order itself, and international institutions have a dominant position in forming the discourse on global trade through their policies. We will therefore analyze how IMF, World Bank and WTO portray trade in one of their more recent policy paper “Making Trade an Engine of Growth for All” to understand how this affects the global economic order. In order to analyze the paper we will use Norman Fairclough’s critical discourse analysis on the primary material. In our research we will use critical international theory by Robert W. Cox and Dependency Theory. The study concludes that the reality that the policy paper constructs through its discourse regarding trade advances neoliberal ideas. The paper does not question the current world order and therefore maintains the power disparities within it. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8940191
- author
- Hård, Ronja Mikaela LU and Tuomaila, Henrietta
- supervisor
- organization
- course
- STVA22 20181
- year
- 2018
- type
- L2 - 2nd term paper (old degree order)
- subject
- keywords
- Economic discourse, Power disparities, Critical
- language
- English
- id
- 8940191
- date added to LUP
- 2018-10-24 17:01:06
- date last changed
- 2018-10-24 17:01:06
@misc{8940191, abstract = {{Power dynamics play a significant role in the international institutions and in the global economic order, thus advancing some and disadvantaging others. Trade is a crucial aspect of this order since it is one of the fundamental pillars that constructs the world economic order itself, and international institutions have a dominant position in forming the discourse on global trade through their policies. We will therefore analyze how IMF, World Bank and WTO portray trade in one of their more recent policy paper “Making Trade an Engine of Growth for All” to understand how this affects the global economic order. In order to analyze the paper we will use Norman Fairclough’s critical discourse analysis on the primary material. In our research we will use critical international theory by Robert W. Cox and Dependency Theory. The study concludes that the reality that the policy paper constructs through its discourse regarding trade advances neoliberal ideas. The paper does not question the current world order and therefore maintains the power disparities within it.}}, author = {{Hård, Ronja Mikaela and Tuomaila, Henrietta}}, language = {{eng}}, note = {{Student Paper}}, title = {{Forming the World Economic Order - A critical discourse analysis of a trade policy paper by IMF, World Bank and WTO}}, year = {{2018}}, }