Currency devaluation resembles subsidy and dumping in terms of its impact on global trade – it grants price advantages to exporting companies. Unlike subsidy and dumping, however, multilateral regulation of currency manipulation, which is principally exercised by the IMF, is far from...

This is an advanced unedited manuscript version of a paper to be published. It addresses the interplay between WTO dispute settlement and dispute settlement within a preferential or regional trade agreement

Using bilateral trade data on WTO disputes from 1995 to 2010 within the framework of multilateral trade, this paper empirically investigates whether legally winning a WTO dispute leads to actual trade gains. This study helps to illuminate the efficacy of the WTO dispute settlement system and to...

Russia has been actively participating in the dispute settlement system handled by the WTO. As of the year-end of 2019, Russia had been involved in a total of 96 disputes: in 8 disputes as a complainant, in 9 disputes as a respondent, and in 79 disputes as a third party. In 2019, Russia became a...

With rising levels of food and livelihood insecurity among poor farmers, many developing members at the WTO are demanding special safeguard mechanism (SSM) for shielding their agriculture from import surges and price declines. Most of developing members do not have any trade instrument under the...