Over-reliance on economic interest groups by policy agencies

The 1980s has seen a fragmentation of the international trading system with an ever-increasing number of trade issues being treated outside the the framework of GATT and a large and growing number of GATT rules themselves being circumvented. Such circumvention is often the reflection of the particular interests of domestic high-cost producers, thus attenuating the broader international benefits of a properly functioning trading system.

1. Policy agencies which are designed to regulate economic structures for the common welfare have become dominated by interest groups from the very economic groups they were designed to regulate. The agencies are protected by legal procedures unrelated to present needs.

1. Undemocratic policy-making
2. Monopolization by interest groups in development of community priorities
3. Economically controlled political power

1. Restrictive trade practices
2. Irresponsible policy-making
3. Inappropriate transport policy
4. Inappropriate policies
5. Inadequate economic policy-making
6. Ignored social needs of developing countries
7. Fragmentation of the international trading system
8. Economic bias in development

1. Elitist control of global economy

1. Relying on economic interest groups

1. Reliance
2. Overreliance