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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Optimal Regulation and the Law of International Trade: The Interface Between the Right to Regulate and WTO Law

ISBN13: 9781107116122
Published: November 2015
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £69.99

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Are the limitations imposed on World Trade Organization (WTO) members' right to regulate efficient? This is a question that is only scarcely, if ever, analysed in existing literature.

Boris Rigod aims to provide an answer to this fundamental concern. Using the tools of economic analysis and in particular the concept of economic efficiency as a benchmark, the author states that domestic regulatory measures should only be subject to scrutiny by WTO bodies when they cause negative international externalities through terms of trade manipulations.

International Trade
Foreword Petros C. Mavroidis
Law and economics in a nutshell

Part I. Optimal Regulation and International Trade Law - Theory
1. Introduction to Part I
2. Optimal regulation
3. Deviations from optimal regulation
4. Deviations from optimal regulation and the role of international trade agreements
5. Conclusion to Part I

Part II. Optimal Regulation and International Trade Law - Application
6. Introduction to Part II
7. Domestic regulation and the GATT
8. Domestic regulation and the TBT Agreement
9. Domestic regulation and the SPS
10. Conclusion to Part II.