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dc.contributor.authorMAVROIDIS, Petros C. 
dc.date.accessioned2016-01-22T16:35:29Z
dc.date.available2016-01-22T16:35:29Z
dc.date.issued2016
dc.identifier.issn1028-3625
dc.identifier.urihttp://hdl.handle.net/1814/38657
dc.descriptionAn earlier version of this paper has been published as RSCAS 2015/34.en
dc.description.abstractThe basic point I advocate in this paper is that the WTO Dispute Settlement System aims to curb unilateralism. No sanctions can be imposed, unless if the arbitration process is through, the purpose of which is to ensure that reciprocal commitments entered should not be unilaterally undone through the commission of illegalities. There are good reasons though, to doubt whether practice guarantees full reciprocity. The insistence on calculating remedies prospectively, and not as of the date when an illegality has been committed, and the ensuing losses for everybody that could or could not be symmetric, lend support to the claim that the WTO regime serves ‘diffuse’ as opposed to ‘specific’ reciprocity. Still, WTO Members continue to routinely submit their disputes to the WTO adjudicating fora, showing through their behaviour that they would rather live in a world where punishment is curbed, than in world where punishment acts as deterrent since full reciprocity would be always guaranteed.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.relation.ispartofseriesEUI RSCASen
dc.relation.ispartofseries2016/14en
dc.relation.ispartofseriesGlobal Governance Programme-211en
dc.relation.ispartofseriesGlobal Economicsen
dc.relation.isversionofhttp://hdl.handle.net/1814/35980
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectWTOen
dc.subjectDispute settlementen
dc.subjectDiffuse reciprocityen
dc.subjectK40en
dc.subject.otherTrade, investment and international cooperation
dc.titleDispute settlement in the WTO (mind over matter)en
dc.typeWorking Paperen
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