The World Trading System

Law and Policy of International Economic Relations

Author: John Howard Jackson

Publisher: MIT Press

ISBN: 9780262600279

Category: Business & Economics

Page: 441

View: 3335

Since the first edition of The World Trading System was published in 1989, the Uruguay Round of trade negotiations has been completed, and most governments have ratified and are in the process of implementing the General Agreement on Tariffs and Trade (GATT). In the Uruguay Round, more than 120 nations negotiated for over eight years, to produce a document of some 26,000 pages. This new edition of The World Trading System takes account of these and other developments. Like the first edition, however, its treatment of topical issues is grounded in the fundamental legal, constitutional, institutional, and political realities that mold trade policy. Thus the book continues to serve as an introduction to the study of trade law and policy.Two basic premises of The World Trading System are that economic concerns are central to foreign affairs, and that national economies are growing more interdependent. The author presents the economic principles of international trade policy and then examines how they operate under real- world constraints. In particular, he examines the extremely elaborate system of rules that governs international economic relations. Until now, the bulk of international trade policy has addressed trade in goods; issues inadequately addressed by policy include trade in services, intellectual property rights, certain investment measures, and agriculture.The author highlights the tension between legal rules, designed to create predictability and stability, and the governments need to make exceptions to solve short-term problems. He also looks at weaknesses of international trade policy, especially as it applies to developing countries and economies in transition. He concludes with a look at issues that will shape international trade policy well into the twenty-first century.

The Political Economy of the World Trading System

The WTO and Beyond

Author: Bernard M. Hoekman,M. M. Kostecki

Publisher: Oxford University Press

ISBN: 0199553769

Category: Business & Economics

Page: 740

View: 912

This is a highly readable, completely revised and updated analytical account of the mechanics of the world trading system - how it works, what it does, and why. It provides insight into the basic economic rationale for international cooperation and the political economic forces that shape the global commercial environment and that determine the rules of the game and the commitments that governments agree to through WTO negotiations. Short case studies and specificdisputes are used to illustrate the workings of the institution in practice and the interest groups that drive the WTO processes. This edition highlights the increasing role of developing countries inthe WTO. This is a book that will be of interest to teachers and students of international economics and business, international relations and economic development, government officials and business people interested in the functioning of the multilateral trading system.

The Economics of the World Trading System

Author: Kyle Bagwell,Robert W. Staiger

Publisher: MIT Press

ISBN: 9780262524346

Category: Business & Economics

Page: 224

View: 4503

An economic analysis of the General Agreement on Tariffs and Trade and the World Trade Organization.

Global Warming and the World Trading System

Author: Gary Clyde Hufbauer,Steve Charnovitz,Jisun Kim

Publisher: Peterson Institute

ISBN: 0881325473

Category: Business & Economics

Page: 166

View: 1831

Looks at the economic aspects of greenhouse gas emissions and seeks a policy method to reduce greenhouse gas emissions without adversely affecting global trade.

The Law and Policy of the World Trade Organization

Text, Cases and Materials

Author: Peter Van den Bossche,Werner Zdouc

Publisher: Cambridge University Press

ISBN: 1108211119

Category: Law

Page: N.A

View: 6686

Retaining the signature clarity and depth that made it an instant classic, this new fourth edition of The Law and Policy of the World Trade Organization examines both the institutional and substantive law of the World Trade Organization (WTO). Fully updated to incorporate all new developments in the WTO's body of case law, this market-leading text offers readers a clear introduction to the basic principles of the multilateral trading system and a detailed examination of the law of the WTO. With integrated questions and assignments which allow readers to easily assess and reinforce their understanding and develop their analytical skills, The Law and Policy of the World Trade Organization is essential reading for all WTO law students and practitioners. Suitable for postgraduate and advanced undergraduate students, this classic text is also the ideal resource for practitioners, diplomats and policymakers looking for an introduction to the law of the WTO.

The World Trade System

Trends and Challenges

Author: Jagdish N. Bhagwati,Pravin Krishna,Arvind Panagariya

Publisher: MIT Press

ISBN: 026233769X

Category: Business & Economics

Page: 416

View: 9377

When the General Agreement on Tariffs and Trade (GATT) metamorphosed into the World Trade Organization (WTO) in 1994, it seemed that the third pillar of the international economic superstructure was finally in place. And yet with the failure of member countries to close the Doha Round of trade negotiations and the emergence of bilateral and plurilateral preferential trade arrangements (PTAs) such as the Trans-Pacific Partnership (TPP), the future of the multilateral WTO seems uncertain. In this volume, leading economists examine issues in trade policy that have arisen during this shift. The contributors discuss such topics as the effect of trade on poverty and inequality, PTAs and litigation between trading partners, the WTO Trade Facilitation Agreement, and the relationship of food security and trade liberalization. They also offer regional perspectives on the TPP and trans-Atlantic free trade. ContributorsRahel Aichele, Jagdish Bhagwati, Steve Charnovitz, Gabriel Felbermayr Dimitar Gueorguiev, Bernard Hoekman, Jonas Kasteng, Pravin Krishna, Mary Lovely, Petros Mavroidis, Devashish Mitra, Arvind Panagariya, Tom Prusa, Andre Sapir, Stefan Tangermann

International Trade and Economic Law and the European Union

Author: Sara Dillon

Publisher: Bloomsbury Publishing

ISBN: 1847312462

Category: Law

Page: 400

View: 2109

This timely book explores the developing nature of international trade law,with particular emphasis on World Trade Organization law and its effects within the European Union. In the aftermath of the Seattle upheaval, vital questions are being raised as to the future course of global economic law; its overall legitimacy, implications for democracy, for national social and environmental policies, and for the well being of the world's people. This highly technical subject is rigorously analysed, yet the main legal developments and the major trade disputes are discussed in an accessible narrative style. The first section covers the common historical roots of the GATT and the EC, systems of integration that were part of an idealistic post-war heritage. The book goes on to demonstrate the idiosyncratic development of GATT law, leading to the launch of the WTO in 1995 and the controversial Uruguay Round Agreements which represented the beginning of an enormous proliferation of causes of action and a greatly enhanced legalism for the global trading system.

China and the World Trading System

Entering the New Millennium

Author: Deborah Z. Cass,Brett G. Williams,George Barker

Publisher: Cambridge University Press

ISBN: 9781139436496

Category: Law

Page: N.A

View: 5196

China, the world's sixth largest economy, has recently joined the rules-based international trading system. What are the implications of this accession? Leading scholars and practitioners from the US, Europe, China, Australia and Japan argue that China's membership will affect the WTO's decision-making, dispute resolution and rule-based structures. It will also spur legal and economic reform, have far-reaching social, political and distributional consequences in China, facilitate a new role for China in international geo-political affairs, and alter the shape, structure and content of the international trading system as a whole. Of interest to scholars of China, as well as trade lawyers and economists.

The Oxford Handbook of International Trade Law

Author: Daniel L. Bethlehem

Publisher: Oxford University Press, USA

ISBN: 0199231923

Category: Law

Page: 801

View: 6733

The Oxford Handbook of International Trade Law explores the law of the World Trade Organization and its broader context. It examines the discipline of international trade law itself and also the outside face of international trade law and its intersection with states and with other aspects of the international system. It covers the economic and institutional context of the world trading system, the substantive law of the WTO, the WTO dispute settlement system,and the interaction between trade and other disciplines and fields of international law.

The Jurisprudence of GATT and the WTO

Insights on Treaty Law and Economic Relations

Author: John H. Jackson

Publisher: Cambridge University Press

ISBN: 9780521620567

Category: Business & Economics

Page: 497

View: 2280

An important compendium from a globally recognized scholar on international trade policy issues.

A History of Law and Lawyers in the GATT/WTO

The Development of the Rule of Law in the Multilateral Trading System

Author: Gabrielle Marceau

Publisher: Cambridge University Press

ISBN: 1107085233

Category: Law

Page: 684

View: 9991

How have GATT/WTO staff and Appellate Body members contributed to the evolution of the rule-of-law in the multilateral trading system?

The World Trade Organization

Law, Practice, and Policy

Author: Mitsuo Matsushita,Thomas J. Schoenbaum,Petros C. Mavroidis,Michael Hahn

Publisher: Oxford University Press

ISBN: 0199571856

Category: Business & Economics

Page: 1000

View: 5570

Includes bibliographical references and index.

Poverty and the International Economic Legal System

Duties to the World's Poor

Author: Krista Nadakavukaren Schefer

Publisher: Cambridge University Press

ISBN: 1107032741

Category: Business & Economics

Page: 453

View: 9515

Looking beyond development, this volume examines international trade, investment and finance law with a focus on poverty.

Regional Trade Agreements and the Multilateral Trading System

Author: Rohini Acharya

Publisher: Cambridge University Press

ISBN: 1316889416

Category: Law

Page: N.A

View: 9550

This volume contains a collection of studies examining trade-related issues negotiated in regional trade agreements (RTAs) and how RTAs are related to the WTO's rules. While previous work has focused on subsets of RTAs, these studies are based on what is probably the largest dataset used to date, and highlight key issues that have been negotiated in all RTAs notified to the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). New rules within RTAs are compared to rules agreed upon by WTO members. The extent of their divergences and the potential implications for parties to RTAs, as well as for WTO members that are not parties to RTAs, are examined. This volume makes an important contribution to the current debate on the role of the WTO in regulating international trade and how WTO rules relate to new rules being developed by RTAs.

Developing Countries in the World Trading System

The Uruguay Round and Beyond

Author: Ramesh Adhikari,Premachandra Athukoralge

Publisher: Edward Elgar Publishing

ISBN: 1781009589

Category: Business & Economics

Page: 214

View: 7079

Experience suggests that trade liberalization has contributed substantially to the remarkable growth of industrialized countries. However, for various reasons many developing countries have not yet been able to integrate successfully into global markets and reap the growth-inducing and poverty-reducing benefits of trade. This book argues that while developing countries are heavily represented in the WTO - accounting for about four-fifths of its membership - there is still plenty of scope for the world trading system to work more effectively in their interests.

Legal Problems of International Economic Relations

Cases, Materials and Text on the National and International Regulation of Transnational Economic Relations

Author: John Howard Jackson,William J. Davey,A. O. Sykes

Publisher: West Academic

ISBN: 9780314160263

Category: Law

Page: 1210

View: 7387

Focuses on the rules-based multilateral trading system created by GATT, as greatly expanded and elaborated by the establishment of the World Trade Organization in 1995. Particular emphasis is given to the rich and detailed jurisprudence developed by the WTO's Appellate Body. Includes the impact of international economic interdependence and the struggle of legal institutions to cope with this and other aspects of globalization. Offers a basic understanding of the international economic system as it operates in real life, and as it is constrained or aided by a number of fundamental legal institutions, including national and international constitutional documents and processes.

State Trading in the Twenty-first Century

Author: Thomas Cottier,Petros C. Mavroidis

Publisher: University of Michigan Press

ISBN: 0472109960

Category: Business & Economics

Page: 445

View: 7649

The University of Michigan Press is pleased to announce the first volume in an annual series, The World Trade Forum. The Forum's members include scholars, lawyers, and government and business practitioners working in the area of international trade, law, and policy. They meet annually and discuss integration issues in international economic relations, focusing on a new theme each year. The central topic of the first World Trade Forum is state trading. To what extent has trade liberalization, as we have experienced it over the last fifty years, affected property ownership? Contributors to the 1998 World Trade Forum explore this question, examining both state practice and the regulatory framework. Their discussions are divided into three parts: Part 1 looks at the World Trade Organization's legal framework for state trading enterprises, taking on such issues as monopolies and state enterprises, the WTO Antidumping Agreement and the economies in transition, and relationship of state trading and the Government Purchasing Act. Part 2 deals with regional experiences in state trading (for the EC, United States, Canada, Japan, China, and Russia). Part 3 examines conceptual issues such as auctions as a trade policy instrument and rule-making alternatives for entities with exclusive rights. The conclusion synthesizes the foregoing chapters in discussing the reach of modern international trade law. Contributors are Frederick Abbott, Ichiro Araki, Christian Bach, Jacques H. J. Bourgeois, Thomas Cottier, William J. Davey, Vladimir Dbrentsov, Toni Haniotis, Bernard M. Hoekman, Gary Horlick, Henrik Horn, Robert Howse, Patrick Low, Will Martin, Mitsuo Matsushita, Petros Mavroidis, Aaditya Mattoo, Patrick Messerlin, Constantine Michalopoulos, Kristin Heim Mowry, Stilpon Nestor, Damien Neven, N. David Palmeter, Ernst-Ulrich Petersmann, Andr� Sapir, Diane P. Wood, and Werner Zdouc. Petros Mavroidis is Professor of Law, University of Neuchatel. Thomas Cottier is Professor of Law, Institute of European and International Economic Law, University of Bern Law School.

The Multilateral Trading System and Human Rights

A Governance Space Theory on Linkages

Author: Mihir Kanade

Publisher: Taylor & Francis

ISBN: 1351386905

Category: Business & Economics

Page: 282

View: 6999

This book contributes an original theory to understanding human rights and international trade. It offers the ‘governance space’ framework for analysing the linkages and normative relationships between the multilateral trading system (MTS) and human rights regimes. Drawing upon key case studies, the author identifies connecting strands as also gaps in linkage issues. He further examines the ‘right to development’ approach to resolve tensions between these two regimes and demonstrates how the approach may be the most appropriate road map to finding sustainable solutions in balancing human rights and equitable free trade in a complex globalised world. Presenting new legal analyses informed by current debates drawn from international organisations – the World Trade Organization, United Nations, International Labour Organization – governments, civil society and academia as well as global commitments such as the Sustainable Development Goals, the book proposes a systematic and holistic policy intervention. This timely and transdisciplinary text will be of great interest to academics, students and scholars of human rights, international trade, international law, development studies, public policy and governance, economics, politics and international relations. It will also be useful to policymakers, think-tanks, human rights advocates, professionals, lawyers, civil society organisations, non-governmental organisations and trade experts.

Cultural Products and the World Trade Organization

Author: Tania Voon

Publisher: Cambridge University Press

ISBN: 1139464833

Category: Law

Page: N.A

View: 9844

Debate about trade and culture has a long history, but the application of WTO rules to cultural products such as films, radio, and books remains one of the most divisive issues in the organization. After assessing the economic and social arguments for treating cultural products differently from things like steel or wheat, this 2007 book explains how the vastly different views of WTO members in earlier negotiations led to an outcome that is disappointing for all. It goes on to provide a comprehensive evaluation of possible solutions, including evolution of the law through WTO dispute settlement, an agreement outside the WTO, and reforms to improve the balance between trade liberalization and cultural policy objectives.