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Retaliation in the WTO Dispute Settlement System (Hardcover)
Loot Price: R3,878
Discovery Miles 38 780
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Retaliation in the WTO Dispute Settlement System (Hardcover)
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The dispute resolution procedures of the World Trade Organization
allow sanctions to be imposed when a country is unwilling to bring
a WTO-inconsistent trade measure into conformity. Not surprisingly,
this form of retaliation often creates as many problems as it
solves. This timely work provides in-depth legal analysis of the
procedural and substantive aspects of retaliation under the WTO
dispute settlement system with particular reference to relevant
rules and case law. It examines the retaliation regime under GATT
1947 and the Dispute Settlement Understanding, as well as the
special retaliation regime under the Subsidies and Countervailing
Measures Agreement. It includes a case study with respect to the
calculation of the level of retaliation in Article 22.6/4.11
arbitration. Finally, it explores the gaps in the current
retaliation system with regard to both procedural issues and the
matter of efficacy, and analyzes all relevant solutions. In sum,
this book is designed to examine the way the WTO retaliation system
works and explore possible improvements.
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