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Transatlantic Economic Disputes - The EU, the US, and the WTO (Paperback, New)
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Transatlantic Economic Disputes - The EU, the US, and the WTO (Paperback, New)
Series: International Economic Law Series
Expected to ship within 12 - 17 working days
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Recent transatlantic relations have been plagued by a seemingly
endless series of disputes over trade and other economic and
political interests. Some of these disputes have been amongst the
most prominent of the WTO era: the Bananas Case, the Beef Hormones
Case and over the application of the Helms-Burton Act. This book
analyzes the source of transatlantic disputes, the means employed
to prevent and settle such disputes both bilaterally and through
the dispute settlement mechanism of the of the WTO, and to identify
promising areas for reform.
This book begins with a survey of transatlantic governance and
dispute settlement problems. Part II analyzes 14 case-studies of
transatlantic economic and regulatory disputes written by leading
EU and US experts. The analytical papers in Part III examine the
disputes in the broader context of legal, economic and political
theories of dispute prevention and dispute settlement. Part IV
offers policy recommendations from EU and US policy-makers and
academics. Most of the more than 20 contributors conclude that
joint EU-US leadership in multilateral institutions (e.g. for trade
liberalization, dispute prevention and dispute settlement in the
WTO) offers advantages over bilateral approaches. By contrast, a
potential transatlantic free-trade association (TAFTA) remains a
second-best approach which might not prevent many of the
transatlantic disputes over internal trade-related domestic
policies. Transatlantic initiatives e.g. forL regulatory
cooperation and citizen-oriented institutional reforms can,
however, serve as precedents for multilateral reforms (e.g. of WTO
rules).
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