Preventing the bad from getting worse : the end of the World (Trade Organization) as we know it?

dc.contributor.authorHOEKMAN, Bernard M.
dc.contributor.authorMAVROIDIS, Petros C.
dc.date.accessioned2020-02-06T09:38:18Z
dc.date.available2020-02-06T09:38:18Z
dc.date.issued2020
dc.description.abstractRecent survey evidence illustrates that many WTO members and trade practitioners believe that the WTO dispute settlement system needs improvement. We make several proposals to improve the operation of WTO conflict resolution, drawing on proposals made by WTO members in the long-running negotiations to improve WTO dispute settlement procedures. We argue that a focus on technical dimensions of dispute settlement is insufficient to prevent a steady decline in the salience of the organization. Revitalizing the WTO as a forum for rulemaking is needed both to address the cross-border policy spillovers driving trade conflicts between the major trading powers and to improve WTO conflict resolution. Principals – WTO members – should accept that negotiations to clarify and extend existing rules must be an element of a robust system of dispute settlement, and that bolstering WTO dispute settlement is a necessary condition for nascent efforts at plurilateral rulemaking to be successful.
dc.format.mimetypeapplication/pdfen
dc.identifier.issn1028-3625
dc.identifier.urihttps://hdl.handle.net/1814/65965
dc.language.isoenen
dc.orcid.uploadtrue*
dc.publisherEuropean University Instituteen
dc.relation.hasversionhttps://hdl.handle.net/1814/74054
dc.relation.hasversionhttps://hdl.handle.net/1814/74054
dc.relation.ispartofseriesEUI RSCASen
dc.relation.ispartofseries2020/06en
dc.relation.ispartofseriesGlobal Governance Programme-381en
dc.relation.ispartofseries[Global Economics]en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectWTOen
dc.subjectAppellate bodyen
dc.subjectDispute settlementen
dc.subjectTrade agreementsen
dc.subjectDecision makingen
dc.subjectF15en
dc.subjectK40en
dc.subject.otherTrade, investment and international cooperationen
dc.titlePreventing the bad from getting worse : the end of the World (Trade Organization) as we know it?en
dc.typeWorking Paperen
dspace.entity.typePublication
person.identifier.orcid0000-0002-6839-7142
person.identifier.other36413
person.identifier.other26598
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relation.isAuthorOfPublication1959ede8-b22a-4c4a-877d-693386f3be3b
relation.isAuthorOfPublication.latestForDiscoveryaa98bfa2-ebb3-42d2-85b0-6f57785eb1aa
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