ENGLISH

The Law, Economics and Politics of Retaliation in WTO Dispute Settlement (Cambridge International Trade and Economic Law)

By Joost Pauwelyn , Chad P. Bown

Book information

Year
2010
ISBN
0521119979, 9780521119979
LCC
K4610 .L39 2010
Open Library ID
OL23697310M
Language
english
Format
PDF
Filesize
6 MB (6458183 bytes)
Edition
1
Pages
692\693
Topic
Economy
Scanned
yes
Time added
2011-06-04 13:46:07

Description

The WTO allows its members to retaliate in the face of continued non-compliance. After more than ten years' operation and ten arbitration disputes, this volume assesses the law, economics and politics of trade sanctions in WTO dispute settlement. Including more than thirty contributions from leading academics, trade diplomats and practitioners, it offers a thorough analysis of the legal rules on permissible WTO retaliation as well as an assessment of the economic rationale and calculations behind the mechanism. In addition, it provides first hand experiences of those countries that have obtained WTO authorisation to retaliate, ranging from the United States and the EC to Mexico and Antigua. In this assessment, the question of how to make the system work also for small countries is paramount. Finally, the volume spells out lessons that could be learned from related fields such as remedies for non-compliance in investment arbitration and competition or anti-trust regimes.

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2010 · PDF