
The Law, Economics and Politics of Retaliation in WTO Dispute Settlement
- English
- PDF
- Available on iOS & Android
The Law, Economics and Politics of Retaliation in WTO Dispute Settlement
About this book
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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Table of contents
- Cover
- Half-title
- Title
- Copyright
- Contents
- List of tables and figures
- Contributors
- Introduction: Trade retaliation in WTO dispute settlement: a multidisciplinary analysis
- Part I Background and goal(s) of WTO retaliation
- PART II A legal assessment after ten arbitration disputes
- PART III An economic assessment after ten arbitration disputes
- PART IV The domestic politics and procedures for implementing trade retaliation
- PART V Problems and options for reform
- PART VI new frontiers and lessons from other fields
- Index