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Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
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WTO Retaliation - Effectiveness and Purposes (Paperback)
Loot Price: R1,520
Discovery Miles 15 200
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WTO Retaliation - Effectiveness and Purposes (Paperback)
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The central point of this book concerns three main issues: the
problems of WTO retaliation, the question of the effectiveness of
retaliation, and the purposes of retaliation. WTO retaliation is
often deemed ineffective due to its inherited shortcomings. This
book highlights the significance in identifying the purposes of
retaliation prior to evaluating its effectiveness. Put differently,
it refers to the purpose-based approach of effectiveness. It is a
common understanding that the purpose of WTO retaliation is to
induce compliance. This book, nevertheless, argues in favour of
coexistence of the multiple purposes of retaliation, including
reaching a mutually agreeable solution. These views are based on
the extensive research conducted on the purposes of WTO
retaliation, namely through interpreting Article 22 of the DSU;
examining the remedies rules within the frameworks of public
international law, and law and economics; and assessing the
academic writings/debates as well as the statements of arbitrators.
Finally, by evaluating a number of disputes involving WTO
retaliation, this book demonstrates the reasonableness and
soundness of WTO retaliation in light of its multiple purposes.
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