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Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains the initial balance of concessions and prevents...
Persistent link: https://www.econbiz.de/10010326684
'old' Members and countries negotiating their accession to the WTO.) Given the broad reach of of the Agreement in terms of …
Persistent link: https://www.econbiz.de/10010330155
security of market access result from increased membership of the GATT/WTO system, which itself underwent important changes as … a result of the Uruguay Round, further developed in the first Ministerial Meeting of the WTO in Singapore in December … 1996. The systemic changes and the expansion of WTO membership to the transition and other economies mark a dramatic change …
Persistent link: https://www.econbiz.de/10010330165
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/10010326740
The WTO's Dispute Settlement Mechanism (DSM) has been hailed as a fundamental aspect of the Multilateral Trading System … established by WTO rules. …
Persistent link: https://www.econbiz.de/10010326762
design and functioning of these dispute settlement mechanisms (DSMs) and, more specifically, how they differ from the WTO … of jurisdictional conflict between DSMs of RTAs and the WTO dispute settlement system. Literature mapping out and … jurisdictional conflict between the multilateral and regional regimes. We map out the DSMs in RTAs that have been notified to the WTO …
Persistent link: https://www.econbiz.de/10010326794
under the GATS are vague concerning the criteria which should be used to establish likeness. Discussions among WTO Members …
Persistent link: https://www.econbiz.de/10010326688
investigations by reviewing the literature, the applicable WTO rules and, in particular, the pertinent case law. The potential value …
Persistent link: https://www.econbiz.de/10010326701
versus export promotion and use the Bagwell and Staiger interpretation of the WTO principle of reciprocity to provide a … political-legal-economic decision on a WTO-consistent counterfactual to use to implement the formula, and iii) the quantitative … methods they use to necessarily construct the (unobserved) WTO-consistent counterfactual. We examine not only the arbitrations …
Persistent link: https://www.econbiz.de/10010326717
Trade Facilitation Agreement (TFA), adopted by WTO Members in 2014, seeks to expedite the movement, release and clearance of … World Trade Report. At the same time, many WTO Agreements already contain provisions aimed at facilitating trade procedures … WTO Agreements such as the SPS Agreement) will be crucial for effective implementation. It will also contribute to more …
Persistent link: https://www.econbiz.de/10011483761