The recent WTO dispute case, Korea – Import Bans, and Testing and Certification Requirements for Radionuclides (Korea – Radionuclides), illustrates complex legal issues and significant political implications associated with the regulatory autonomy of a sovereign country under the WTO...

Formal private property rights (“FPPRs”) have been advocated as an important prerequisite to economic development: a legal right to property ownership motivates economic players to engage in economic activities when these activities yield property interests, and this, in turn, contributes to...

On March 13, 2012, Japan, the United States, and the European Union filed Requests for Consultations (Requests) with the World Trade Organization (WTO), contesting China's export restrictions on rare earth elements (REE). The Requests were long expected, given the growing importance of REE,...

Over six decades have passed since the civil rights movement began in the mid-50s, but American society has not yet fully realized the promise of the civil rights movement, which at its core embodies the protection and promotion of equity and dignity of all people. Despite the historic...

Korea has achieved remarkable economic development since the 1960s, rising within a single generation from one of the poorest countries in the world to one with an affluent economy supported by world-class industries and large production capacities. This successful development of Korea has been...

The Protocol for China's accession into the WTO stipulated certain types of differential treatment for China, including the determination of normal value in anti-dumping investigations for the transitional period of 15 years. This treatment was authorized by the Protocol in response to concerns...

Poverty remains a serious global issue, and nearly half of the world's populations are still living below the poverty line. International trade has been a vehicle for successful economic development for some developing economies in East Asia, including South Korea, Taiwan, Hong Kong, Singapore,...

"Safeguard measures" or "safeguards" refer to emergency import restrictions applied to prevent or remedy serious injury to domestic industry caused by rapid increases in imports. The WTO Agreement on Safeguards and Article XIX of the GATT regulates the application of safeguard measures. Unlike...

Promotion of foreign direct investment (FDI) and trade liberalization on both global and regional levels has been considered to be beneficial for the economic development of developing countries. Current WTO rules support regional trade liberalization and prohibit certain trade-related...

While the objectives of the World Trade Organization include promotion of economic development for developing countries, Current trade rules impede development interests significantly by depriving developing countries of the ability to adopt effective development policies. This problem is...