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Regional Trade Agreements and the Multilateral Trading System

Regional Trade Agreements and the Multilateral Trading System PDF Author: Rohini Acharya
Publisher: Cambridge University Press
ISBN: 1107161649
Category : Business & Economics
Languages : en
Pages : 753

Book Description
This volume contains a collection of studies examining trade-related issues negotiated in regional trade agreements (RTAs) and how RTAs are related to the WTO's rules. While previous work has focused on subsets of RTAs, these studies are based on what is probably the largest dataset used to date, and highlight key issues that have been negotiated in all RTAs notified to the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). New rules within RTAs are compared to rules agreed upon by WTO members. The extent of their divergences and the potential implications for parties to RTAs, as well as for WTO members that are not parties to RTAs, are examined. This volume makes an important contribution to the current debate on the role of the WTO in regulating international trade and how WTO rules relate to new rules being developed by RTAs.

Regional Trade Agreements and the Multilateral Trading System

Regional Trade Agreements and the Multilateral Trading System PDF Author: Rohini Acharya
Publisher: Cambridge University Press
ISBN: 1107161649
Category : Business & Economics
Languages : en
Pages : 753

Book Description
This volume contains a collection of studies examining trade-related issues negotiated in regional trade agreements (RTAs) and how RTAs are related to the WTO's rules. While previous work has focused on subsets of RTAs, these studies are based on what is probably the largest dataset used to date, and highlight key issues that have been negotiated in all RTAs notified to the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). New rules within RTAs are compared to rules agreed upon by WTO members. The extent of their divergences and the potential implications for parties to RTAs, as well as for WTO members that are not parties to RTAs, are examined. This volume makes an important contribution to the current debate on the role of the WTO in regulating international trade and how WTO rules relate to new rules being developed by RTAs.

Efficiency, Equity, and Legitimacy

Efficiency, Equity, and Legitimacy PDF Author: Roger B. Porter
Publisher: Brookings Institution Press
ISBN: 9780815771630
Category : Political Science
Languages : en
Pages : 468

Book Description
Despite its widely acknowledged contribution to global prosperity over the past half century, the movement toward further liberalization has increasingly been challenged. This collection of essays examine several key issues at the heart of the debate over the multilateral trading system.

Developing Countries And The Multilateral Trading System

Developing Countries And The Multilateral Trading System PDF Author: T. N. Srinivasan
Publisher: Routledge
ISBN: 0429721242
Category : Political Science
Languages : en
Pages : 137

Book Description
This book provides a historical perspective of the Uruguay Round agreement and focuses on the interaction between the developed and developing countries on matters relating to the global trading system and its disciplines since the founding of General Agreement on Tariffs and Trade.

Most-favoured-nation Treatment

Most-favoured-nation Treatment PDF Author: United Nations Conference on Trade and Development
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 164

Book Description
The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.

Termites in the Trading System

Termites in the Trading System PDF Author: Jagdish Bhagwati
Publisher: Oxford University Press
ISBN: 0199715904
Category : Business & Economics
Languages : en
Pages : 160

Book Description
Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.

From Gatt to the WTO:The Multilateral Trading System

From Gatt to the WTO:The Multilateral Trading System PDF Author: World Trade Organization
Publisher: Kluwer Law International B.V.
ISBN: 9041112537
Category : Law
Languages : en
Pages : 200

Book Description
Om det nuværende og fremtidige verdenshandelsystem

The WTO and the Multilateral Trading System

The WTO and the Multilateral Trading System PDF Author: Bhagirath Lal Das
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 268

Book Description
This Book charts the evolution of the multilateral trading system over the last half-century and explores the future outlook for the intergovernmental body that constitutes its institutional base and which is responsible for governing the conduct of global commerce, the World Trade Organisation (WTO). The author, a leading authority on international trade, identifies the distinct trends that have characterised the historical progression of the system, from the formulation of the General Agreement on Tariffs and Trade (GATT) in 1947 through the WTO's inception in 1995 to the present day. He examines how the GATT/WTO framework has traditionally been used by the major industrial nations as a vehicle to pursue their narrow economic and political interests, at the expense of Third World countries' development prospects. This North-South imbalance continues to pervade the multilateral trade regime today, in the form of inherent inequities in the WTO agreements and their implementation, and attempts to insert potentially damaging new issues into the WTO agenda. Further, this book traces the intimate links between these substantive deficiencies and the WTO's murky decision-making processes, which are dominated by its developed-country members to the detriment of the developing countries.

Efficiency, Equity, and Legitimacy

Efficiency, Equity, and Legitimacy PDF Author: Roger B. Porter
Publisher: Rowman & Littlefield
ISBN: 9780815798255
Category : Business & Economics
Languages : en
Pages : 470

Book Description
A Brookings Institution Press and the Center for Business and Government at Harvard University publication The multilateral trading system stands at a crossroads. Despite its widely acknowledged contribution to global prosperity over the past half century, the movement toward further liberalization has increasingly been challenged. These essays by leading scholars and trade officials honor Raymond Vernon, one of the architects of the international economic institutions established following the Second World War. The book examines several key issues at the heart of the debate over the multilateral trading system. What are the global efficiency gains from further liberalization? How can efficiency gains be maximized while respecting legitimate claims to sovereignty? Is the trading system affording an equitable distribution of benefits between countries and among various groups within societies? Does civil society have a role in the trading system? What role should the World Trade Organization and its dispute settlement procedures play in resolving disputes and enhancing legitimacy?

Regionalism and the Multilateral Trading System

Regionalism and the Multilateral Trading System PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264101373
Category :
Languages : en
Pages : 166

Book Description
Compares rule-making provisions in regional trade agreements with those of the WTO in ten specific areas: services, labour mobility, investment, competition policy, trade facilitation, government procurement, intellectual property rights, contingency protection, environment and rules of origin.

The World Trading System

The World Trading System PDF Author: Jeffrey J. Schott
Publisher: Peterson Institute
ISBN: 9780881322354
Category : Business & Economics
Languages : en
Pages : 356

Book Description
Comprises a collection of papers and comments which discuss challenges confronting the World Trade Organization (WTO). Analyses the implementation of WTO agreements and unfinished business from the Uruguay Round, the impact of proliferating regionalism, the desirability of expending the WTO agenda to "new" issues, and institutional issues such as WTO accession and linkages with other international institutions.