regulatory race to the bottom. WTO rules and disputes, however, center on complaints about excessively stringent regulations … WTO legal framework in light of our results, arguing that it does a reasonably thorough job of policing regulatory …

This paper empirically examines recently declassified data from the GATT/WTO on tariff bargaining. We document eight …

membership into the world trading system, the WTO may face a "latecomers" problem that, while occurring also in earlier rounds …A fundamental objective of the Doha Round of WTO negotiations is to improve the trading prospects of developing … countries. The 2001 declaration from the WTO Ministerial Conference in Doha, Qatar, commits the member governments to …

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 …

The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of … preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried … economics literature on international trade agreements and argue on this basis that the WTO is not passé. Rather, and subject to …

International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was … agricultural subsidies, an issue which continues to plague the ongoing Doha Round of WTO negotiations. Ongoing disputes over … subsidies that violate existing WTO rules have led to the largest amount of authorized retaliation in GATT/WTO history. Yet the …

reaffirmed with the creation of the WTO in 1995. And according to the terms-of-trade theory of trade agreements, it has an … important role to play in facilitating the success of the "shallow integration" approach that the GATT/WTO has adopted. Yet … despite the prominence given to the non-violation clause by its legal drafters and suggested by economic theory, in GATT/WTO …