Third World Approaches to International Law (twail) may serve as an apt critique for examination of international economic governance from a Third World angle, given its intimate concern for the welfare of these States in international law. twail’s critique has improved significantly in terms of quality and quantity. Nevertheless, the critique continues to be plagued by a fundamental shortcoming, namely, it merely critiques international law systems and fails to provide suggestions for reforming them to suit the needs of Third World States. This is particularly true in relation to its critique of international economic governance. While twail has produced numerous critiques of the foreign investment and international trade regimes since its emergence, these have failed to provide any constructive suggestions for improvement in these areas. twail should therefore aspire to be more than a tool of system criticism and offer practical solutions to improve Third World States’ place within this system.