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This paper traces the evolution of the global trading system from the 19th century to the present-day GATT/WTO arrangements, calling attention to the key roles of reciprocity and non-discrimination and taking note of how the system is now challenged by the new paradigm of global market...
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President Trump is widely seen as instigating a dramatic reversal of 70 years of US trade policy and abdicating the American hegemon’s traditional leadership role in the multilateral trading system. Trump has threatened to withdraw the US from the WTO, abandoned trade multilateralism for...
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For more than seven decades, the multilateral trading system has played an essential role in promoting international cooperation on trade policymaking and dispute resolution. As the WTO is being pushed toward the verge of irrelevance, it falls upon us, who believe in the utility of the WTO and...
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This World Trade Organization (WTO) went effect January 1st, 1995 with the stated objective of managing the … on the new rules governing world trade, with emphasis on the constraints they have set on defining domestic trade …-a-vis certain issues and adopt a proactive approach, and draws attention to the WTO's role in the new world order …
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