Decision making in the WTO has become ever more difficult as the number of members increases and the range of issues tackled broadens. This paper looks at reasons why aspects of decision-making might be changed and discusses a number of potential pitfalls that change would have to avoid, such as...

This paper analyzes the risks of preference erosion arising from MFN trade liberalization in manufactured products. It focuses on developing countries that receive non-reciprocal preferences in the markets of United States, EU, Japan, Canada and Australia. The paper estimates preference margins...

The December 2015 COP 21 meeting aspires to establish a post-Kyoto Protocol agreement for addressing climate change. The shift in emphasis towards self-determined emission targets in the COP21 approach to mitigation may raise the risk of disputes over the use of border measures as part of...