IV.C.2e Annex 3 [to the Agreement Establishing the World Trade Organization]—Trade Policy Review Mechanism (15 April 1994)

2014 ◽  
pp. 1-3 ◽  
Keyword(s):  
Trade Policy ◽  
World Trade Organization ◽  
World Trade ◽  
Policy Review ◽  
The World ◽  
Review Mechanism

Ways out of the Globalization Trilemma

2019 ◽  
Author(s):  
Carsten Herrmann-Pillath
Keyword(s):  
International Economic ◽  
International Trade ◽  
Civil Society ◽  
Trade Policy ◽  
World Trade Organization ◽  
World Trade ◽  
Dispute Settlement ◽  
Policy Issues ◽  
The World ◽  
Operational Criterion

Based on Rodrik’s diagnosis of a “globalization trilemma” in designing the institutions of international economic exchange, this chapter suggests a solution that applies Sen’s argument favoring realization-focused comparisons over transcendental institutionalism in evaluating institutions. In the paradigm of deliberative trade policy, this contribution approaches the World Trade Organization (WTO) as a regime of deliberation, reaching beyond the scope of interactions with civil society. This prepares the ground for normative principles of WTO reform that shift the emphasis from efficiency to justice, mainly in the procedural sense. The central operational criterion is the inclusiveness of international trade and trade policy. This is applied on the issues of multilateralism versus regionalism and the design of the dispute settlement process. A WTO renewed under the auspices of deliberative trade policy can meet the challenges of new trade policy issues such as coordination of regulatory regimes under the conditions of rapid and unpredictable technological change, and can resolve the tension between democracy and globalization as laid out in the globalization trilemma.

The WTO Dispute Settlement Understanding: An Unlikely Weapon in the Fight Against AIDS

2001 ◽  
Vol 27 (4) ◽  
pp. 469-485
Author(s):  
Andrea M. Curti
Keyword(s):  
Developing Countries ◽  
Trade Policy ◽  
World Trade Organization ◽  
World Trade ◽  
Dispute Settlement ◽  
Drug Research ◽  
Pharmaceutical Products ◽  
Wto Dispute Settlement ◽  
The World ◽  
Western Drug

One of the most controversial aspects of the World Trade Organization (WTO) is its trade policy governing pharmaceutical products that treat AIDS and other diseases. Critics contend that the WTO unreasonably restricts the trade of pharmaceuticals in order to protect the profit margin of western drug producers at the expense of infected populations in developing countries. Supporters of the WTO's trade policy argue that protecting the intellectual property (IP) rights of pharmaceutical products is essential to providing an incentive for further drug research and development.

Looking beyond accession: Challenges to implementing the world trade organization government procurement agreement in china

2015 ◽  
Vol 15 (1) ◽  
pp. 93-116 ◽  
Author(s):  
Daniel J. Cook
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Legal Framework ◽  
Government Procurement ◽  
The World ◽  
Review Mechanism

Much of the literature on China's ongoing attempts to accede to the World Trade Organization (“WTO”) Agreement on Government Procurement (“GPA”) focuses on which Chinese entities will ultimately be covered by the Agreement. While coverage issues are, no doubt, important, this paper argues that China will face an even greater number of challenges when implementing and harmonizing the requirements of the GPA with its own domestic procurement laws. In particular, the GPA's Article XVIII requirement for an effective domestic review mechanism may be especially difficult for China to achieve. In light of these challenges, this paper argues that current GPA members should address problems with China's domestic legal framework for procurement now, not look to the domestic review device to resolve problems after accession.

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