scholarly journals WTO REFORM: BACKGROUND, CONDITIONS AND PROSPECTS

2016 ◽  
pp. 239-248
Author(s):  
T. M. Isachenko
Keyword(s):  
World Trade ◽  
Market Access ◽  
Innovative Development ◽  
International Division ◽  
Trading System ◽  
Multilateral Trading System ◽  
The World ◽  
Key Issues ◽  
Main Regulator ◽  
The Multilateral Trading System

Maximizing the benefits of international division of labor and sharing the achievements of innovative development is possible only with the existence of a strict system of rules and regulations. Such system would enable fair regulation of international trade, ensure the transparency of market access and make it possible to challenge discriminatory measures, as well as to maintain certain measures to protect the interests of domestic producers. The creation of the multilateral trading system has started with the General Agreement on Tariffs and Trade (GATT) and was subsequently developed in the documents and codes, the decisions of the negotiating rounds. Since 1995, a set of rules of the World Trade Organization (WTO) became the basis of the multilateral trading system. All rules are worked out at the multilateral level. However, in recent years the negotiations within the WTO has slowed down, that affected the quality and speed of decision-making on key issues of global development. That provokes the discussion it on a certain crisis of the WTO as the main regulator of world trade, and therefore the need to provide both institutional and substantive reforms.

scholarly journals Will International Rules on Subsidies Disrupt the World Trading System?

2006 ◽  
Vol 96 (3) ◽  
pp. 877-895 ◽  
Author(s):  
Kyle Bagwell ◽  
Robert W Staiger
Keyword(s):  
Market Access ◽  
Formal Analysis ◽  
Trading System ◽  
Domestic Production ◽  
Multilateral Trading System ◽  
The World ◽  
World Trading System ◽  
The Creation ◽  
The Impact ◽  
The Multilateral Trading System

We provide a first formal analysis of the international rules that govern the use of subsidies to domestic production. Our analysis highlights the impact of the new subsidy disciplines that were added to GATT rules with the creation of the WTO. While GATT subsidy rules were typically viewed as weak and inadequate, our results suggest that the key changes introduced by the WTO subsidy rules may ultimately do more harm than good to the multilateral trading system by undermining the ability of tariff negotiations to serve as the mechanism for expanding market access to more efficient levels.

scholarly journals A rodada do uruguai e o meio ambiente: o florescimento da tutela jurídica ambiental no sistema multilateral de comércio / The Uruguay Round and the Environment: the blooming of the environmental protection in the multilateral trading system

2017 ◽  
Vol 13 (3) ◽  
pp. 295
Author(s):  
Arno Dal Ri Júnior ◽  
Mariana Clara De Andrade
Keyword(s):  
World Trade Organization ◽  
Environmental Protection ◽  
World Trade ◽  
Uruguay Round ◽  
Environmental Law ◽  
Trading System ◽  
International Environmental Law ◽  
Multilateral Trading System ◽  
The World ◽  
The Multilateral Trading System

 ResumoO presente artigo aborda as negociações internacionais relativas à tutela ambiental no sistema multilateral de comércio no período que compreende o fim da Rodada de Tóquio (1979) até o fim da Rodada do Uruguai (1994) e a instituição da Organização Mundial do Comércio. Para tanto, analisa-se brevemente as mudanças surgidas no cenário do Direito Internacional Ambiental no ínterim situado entre as duas rodadas referidas para que se contextualize os impactos dos eventos ocorridos no período, particularmente com os adventos da Conferência de Estocolmo (1972) e a Rio-92 (1992). A partir disso, são analisados documentos das negociações do grupo GATT relevantes a questões ambientais, com o objetivo de se verificar o desenvolvimento institucional e normativo ocorrido durante o período citado, com enfoque particular na Rodada do Uruguai. Verifica-se a forte influência dos acontecimentos entre as décadas de 1970 e 1990 no cenário internacional e, particularmente, no sistema multilateral de comércio, culminando com a inclusão da preocupação com o desenvolvimento sustentável no preâmbulo do Acordo Constitutivo da OMC, em 1994.Palavras-chaveGATT; Rodada do Uruguai; Meio Ambiente; Sistema Multilateral de Comércio; Direito Internacional Ambiental. AbstractThe present article studies the international negotiations related to the environmental protection in the multilateral trading system, in the period comprised from the end of the Tokyo Round (1979) to the end of the Uruguay Round and the institution of the World Trade Organization (1994). In order to do so, it describes briefly the changes emerged in the context of International Environmental Law during the interim between the two rounds, so as to expose the impacts of the events that occurred in this period, especially those brought about by the advent of the Stockholm Conference (1972) and the Rio-92 (1992). Afterwards, this work analyses the documents concerning environmental matters produced in the negotiations of the GATT group in the period post-1972, with the aim of verifying the institutional and legal development of the system during the aforementioned interlude, with particular attention to the Uruguay Round. From this perspective, it can be observed the strong influence of the events that took place from 1970 to 1990 in the international scenario and, particularly, in the multilateral trading system, culminating with the assertion of the concern with sustainable development in the Preamble of the Agreement Establishing the World Trade Organization, in 1994. KeywordsGATT; Uruguay Round; Environment; Multilateral Trading System; International Environmental Law.

Regionalism and the Multilateral Trading System

2018 ◽  
pp. 1-18
Author(s):  
James P. Murphy ◽  
Carolan McLarney
Keyword(s):  
World Trade ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trading System ◽  
Trade Area ◽  
The Us ◽  
Multilateral Trading System ◽  
The World ◽  
The Multilateral Trading System

Regionalism and the Multilateral Trading System: The Role of Regional Trade Agreements is a discussion about the new reality and the evolution of the reduction of international barriers to freer trade under the World Trade Organization (WTO) formerly the General Agreement on Trade and Tariffs (GATT). The chapter devotes time to the two largest regional trade agreements (RTAs), the European Union (EU) with 28 countries and North American Trading Agreement (NAFTA) with three countries account for half of all world trade (WTO, 2017a). The US set a course post World War II as the proponent of globalization and freer trade. RTAs at that time were failing or inconsequential. In response to the EU trading block, the US committed to a (Free Trade Area) FTA with Canada and subsequently the NAFTA with Canada and Mexico the rest of the world began to become concerned about being shut out of a preferential trade deal. The main theme of the chapter is that trade liberalization is moving forward because of Regional Trading agreements, not the WTO which is stalled and may never restart in its current form.

Breakthrough at Bali? Explanations, Aftermath, Implications

2016 ◽  
Vol 21 (2) ◽  
pp. 209-232 ◽  
Author(s):  
Amrita Narlikar ◽  
Diana Tussie
Keyword(s):  
World Trade ◽  
Trading System ◽  
Development Agenda ◽  
Multilateral Trading System ◽  
The World ◽  
History Of ◽  
Institutional Innovations ◽  
The Multilateral Trading System

The World Trade Organization’s (wto) Ministerial Conference at Bali in December 2013 seemed to have marked a landmark moment in the history of the negotiations of the Doha Development Agenda (dda). This article begins with a brief analysis of why theddahas been quagmired in deadlocks and become the longest running trade round in the history of the multilateral trading system. It then discusses the significance of what was achieved at the Bali Ministerial in light of repeated failures and particularly from the perspective of the world’s poorest countries. It explains why and how breakthroughs were achieved and highlights several important institutional innovations. Lastly, it discusses how sustainable these innovations might be.

Policy Externalities and High-Tech Rivalry: Competition and Multilateral Cooperation Beyond the WTO

1996 ◽  
Vol 9 (2) ◽  
pp. 273-318 ◽  
Author(s):  
Bernard M. Hoekman ◽  
Petros C. Mavroidis
Keyword(s):  
World Trade ◽  
Market Access ◽  
High Technology ◽  
High Tech ◽  
Trading System ◽  
Multilateral Cooperation ◽  
National Courts ◽  
Multilateral Trading System ◽  
The World ◽  
The Right

Governments have increasingly been giving attention to the need for, and prospects of, ensuring contestability of markets through international agreements. This paper explores what has been achieved so far in the context of the World Trade Organization (WTO) and what might be done to further enhance the ‘competition-friendliness’ of the multilateral trading system. The case of high-technology industrial rivalry is used for concreteness. High-tech is interesting because it cuts across many of the issues that are relevant from a systemic perspective, both ‘old’ (market access) and ‘new’ (investment, antitrust). We conclude that greater contestability of regulatory regimes in domestic legal orders may be beneficial. This can be pursued by giving private parties the right to contest actions of WTO member states before national courts.

scholarly journals Foreword by the Director-General of the WTO

2002 ◽  
Vol 1 (1) ◽  
pp. 3-3
Author(s):  
Mike Moore
Keyword(s):  
World Trade ◽  
Market Integration ◽  
Market Access ◽  
Director General ◽  
Trade Restrictions ◽  
Trading System ◽  
Wide Range ◽  
The World ◽  
International Economic Cooperation

Trade policy used to be a rather simple matter of defining conditions of access to markets at the border. Little more was needed than rules defining non-discriminatory tariff levels, circumscribing the use of quantitative trade restrictions, and protecting the conditions of market access through the principle of national treatment. But the very success of these simple rules in creating the conditions for successive bouts of market-opening negotiations bred the complex and multi-faceted institution that is the World Trade Organization of today. As tariffs tumbled, all manner of other policies became crucial for continuing market integration. The rules had to follow the reality. It is a brave person now who claims more than a passing familiarity with each and every aspect of the WTO Agreements.In this fascinating labyrinth of what passes for policy relating to trade, it is unconvincing to argue that there is ever enough research and analysis. There will always be more that needs to be explored and better understood. Every effort to illuminate, to clarify, and to explain the trading system must surely be welcome. But if we are to advance our understanding of what makes sense and what does not, and contribute effectively to international economic cooperation, the quality and integrity of analysis is vital. This has become more especially true in recent years as dozens of developing countries facing formidable development challenges seek progress through meaningful participation in the world trading system. One of the great strengths of the WTO is its commitment to universality. If we are to give meaning to this vision and foster confidence in the fairness of the system, we must ensure its proper design on solid conceptual foundations.I am proud to associate the WTO Secretariat with the birth of the World Trade Review. The journal is committed to promoting high-quality policy analysis and welcomes contributions from a wide range of disciplines and cross-section of contributors. This is not an in-house journal devoted to selling pre-conceived ideas. Its mission is to promote informed and honest debate and to deepen understanding. The journal's editorial independence is central to these objectives. I wish the Editor and the members of the Editorial Board of the World Trade Review well in this important endeavour.

Prospects for global trade in 2020-24

2019 ◽  
Keyword(s):  
World Trade ◽  
Job Creation ◽  
Value Chains ◽  
Global Trade ◽  
Trading System ◽  
Content Type ◽  
China Trade ◽  
The Us ◽  
Multilateral Trading System ◽  
The World

Subject Prospects for global trade in 2020-24. Significance US-China competition and a ‘populist backlash’ against trade in advanced nations are intensifying fears that the world is entering de-globalisation. World trade volumes are expected to grow modestly in 2019 and 2020, while the US-China trade conflict roils the multilateral trading system and global value chains, harming investment and job creation.

India—Certain Measures Relating to Solar Cells and Solar Modules

2017 ◽  
Vol 111 (1) ◽  
pp. 139-147 ◽  
Author(s):  
Sherzod Shadikhodjaev
Keyword(s):  
Renewable Energy ◽  
World Trade ◽  
Environmental Policies ◽  
Energy Market ◽  
Trading System ◽  
Appellate Body ◽  
Multilateral Trading System ◽  
The World ◽  
International Obligations ◽  
Compliance Issue

In a proceeding that challenged the domestic content requirements (DCRs) of India's solar energy program, the Appellate Body of the World Trade Organization (WTO) upheld the panel determination that the Indian government's measures violated its international obligations. The decision offers new insights into certain exceptions for environmental policies under the multilateral trading system and elaborates on the relevance of other international legal regimes to the compliance issue under WTO law. Further, it has the potential to increase export opportunities of many countries in the Indian renewable energy market.

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