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Assessing the World Trade Organization: Fit for Purpose?

Edited by:  Manfred Elsig, Joost Pauwelyn

ISBN13: 9781107193222
Published: April 2017
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £94.00
Paperback edition , ISBN13 9781316643990

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The World Trade Organization (WTO) recently celebrated twenty years of existence. The general wisdom is that its dispute settlement institutions work well and its negotiation machinery goes through a phase of prolonged crises. Assessing the World Trade Organization overcomes this myopic view and takes stock of the WTO's achievements whilst going beyond existing disciplinary narratives.

With chapters written by scholars who have closely observed the development of the WTO in recent years, this book presents the state of the art in thinking about WTO performance. It also considers important issues such as the origins of the multilateral system, the accession process and the WTO's interaction with other international organisations. The contributions shed new light on untold stories, critically review and present existing scholarship, and sketch new research avenues for a future generation of trade scholars.

This book will appeal to a wide audience that aims to better understand the drivers and obstacles of WTO performance.

International Trade
Part I. Introduction and Setting the Stage:
1. Introduction Manfred Elsig, Bernard Hoekman and Joost Pauwelyn
2. Thinking about the performance of the World Trade Organization: a discussion across disciplines Manfred Elsig, Bernard Hoekman and Joost Pauwelyn

Part II. New Insight from the Early Times:
3. The GATT's starting point: tariff levels circa 1947 Chad P. Bown and Douglas A. Irwin
4. Negotiating in the early GATT: norms, rules and the US tariff schedule Judith Goldstein and Robert Gulotty

Part III. General Trends and Patterns in WTO Dispute Settlement:
5. Dispute settlement in the WTO: from a deliberately designed to a spontaneously grown order Frieder Rossler
6. About the melting of icebergs: political and economic determinants of dispute initiation and resolution in the WTO Dirk de Bievre, Arlo Poletti and Aydin Yildirim
7. The WTO dispute settlement system: consolidating success and confronting new challenges Giorgio Sacerdoti
8. Does trade comply? The economic effect(iveness) of the WTO dispute settlement process Soo Yeon Kim and Tobias Hofmann

Part IV. Zooming in on Specific Debates:
9. Twenty years of third party participation at the WTO: what have we learned? Krzysztof J. Pelc
10. Mind the gap: navigating between the WTO agreement and its accession protocols Julia Qin
11. The age of innocence - the evolution of the case-law of the WTO dispute settlement: subsidies as a case-study Luca Rubini
12. The presence of the World Trade Organization within preferential trade agreements Todd Allee and Manfred Elsig
13. The WTO and regional trading agreements: is it all over for multilateralism? L. Alan Winters
14. Performance and international organisations' borders: the case of the World Trade Organization Cedric Dupont and Manfred Elsig
15. The GATT/WTO system and national trade policies: which comes first? Joseph Michael Finger.