-enforcing policy coordination implied by theoretical models, and then examines the empirical studies on trade disputes of the GATT/WTO. …

This contribution illustrates some unresolved issues and tensions that characterize the way the WTO deals with … define the legal framework offered by the World Trade Organization (WTO). It is fundamental to ascertain whether the current … framework represents an adequate model to address renewable energy subsidies, or whether a more flexible interpretation of WTO …

question, providing detailed coverage on three key design features of the GATT/WTO: reciprocity, nondiscrimination as embodied … GATT/WTO and we argue that an economic perspective can go a long way toward revealing a consistent logic to the inclusion …

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 … WTO and were in force at the end of 2012, and consider a typology of these DSMs based on their nature and design. We also …

(WTO) is an incomplete contract among sovereign states. Incomplete contracts contain gaps. Ex post, contractual gaps may … backtracking behavior. This paper examines the somewhat understudied issue of optimal trade policy flexibility design in the WTO … “liability rule” of escape), or a bilateral renegotiation provision (a “property rule” of escape). Modeling the WTO as a fully …

which has permeated WTO scholarship for the last 10 years. Our main criticism concerns the substance of the entire debate … subsequent issues of WTO enforcement and the interpretation of the wording of the dispute settlement understanding. They thereby … along the lines of the nature of the WTO contract. This results in to three key findings: First, none of the two schools of …