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We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent … developments in the relevant theoretical and empirical literature. And we describe the GATT/WTO architecture and briefly trace its … central features of the design and practice of the GATT/WTO, and we identify key unresolved issues. …
Persistent link: https://www.econbiz.de/10008698733
There are essentially two types of plurilateral trade agreements (PAs) among WTO Members, an exclusive and an open … discussions. This article takes a sceptical view, since any such PA would need to be agreed by consensus among all 160-odd WTO … treaty frameworks, as "WTO-extra" understandings. …
Persistent link: https://www.econbiz.de/10011594192
Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral trade and investment. Indian exports which were subject...
Persistent link: https://www.econbiz.de/10010227205
Persistent link: https://www.econbiz.de/10003463001
Decision making in the WTO has become ever more difficult as the number of members increases and the range of issues … under certain conditions, as it would: i) allow for the emergence of a more progressive and responsive WTO agenda; ii) blunt …-based negotiations on trade rules, and perhaps, sectoral market access agreements. -- GATT/WTO ; negotiations ; decision-making …
Persistent link: https://www.econbiz.de/10008990405
Since the conclusion of the Uruguay Round in 1994 and the creation of the WTO in 1995, the functioning of the … few important initiatives on transparency and decision-making, most contributions on the functioning of the WTO have been … made by external observers of the WTO. However, over the past two years, an increasing number of Members have showed …
Persistent link: https://www.econbiz.de/10009376109
the rules of the international trading system. They did this in the formation of the WTO, where they were responsible for …
Persistent link: https://www.econbiz.de/10002514774
Persistent link: https://www.econbiz.de/10003365191
transition to the WTO. In particular, I examine the WTO Agreement on Safeguards that has replaced the GATT escape clause (Article … XIX), and the Dispute Settlement Process (DSP) that resembles a court of law under the WTO. Using this framework, I … that trade agreements under the WTO lead to fewer trade skirmishes but this effect does not necessarily result in higher …
Persistent link: https://www.econbiz.de/10008698735
Vietnamese firms to the 2007 WTO accession. Our result show that WTO accession is associated with higher probability of exit …
Persistent link: https://www.econbiz.de/10011717219