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The multilateral trading system and the WTO, its principal
institution, are currently in crisis. Now more than ever, it is
essential to provide a sound understanding of WTO rules and
procedures, and their contribution to a secure and predictable
framework for trading relations between nations. This book provides
a timely and carefully considered overview of the substantive rules
and institutional arrangements of the WTO, written in a concise and
highly reader-friendly manner. It provides a clear and systematic
discussion of key issues of WTO law, and incorporates important
case law and current debates. It includes useful pedagogical
features such as illustrative examples of the application of the
legal framework to practical situations to facilitate
understanding, as well as lists of further reading. Co-written by a
leading authority in the field, it forms essential reading for
anyone who wants to get to grips with this fascinating and
challenging field of law.
Since the publication of its first edition, this textbook has been
the prime choice of teachers and students alike, due to its clear
and detailed explanation of the basic principles of the
multilateral trading system and the law of the World Trade
Organization (WTO). The fifth edition continues to explore the
institutional and substantive law of the WTO. It has been updated
to incorporate all new developments in the WTO's ever-growing body
of case law. Moreover, each chapter includes a 'Further Readings'
section to encourage and facilitate research and discussion on the
topics addressed. As in previous editions, each chapter also
features a summary to reinforce learning. Questions, assignments,
and exercises on WTO law and policy are contained in an online
supplement, updated regularly. This textbook is an essential tool
for all WTO law students and will also serve as a practitioner's
introductory guide to the WTO.
The post-Cold War era has seen an unprecedented move towards more
legalization in international cooperation and a growth of
third-party dispute settlement systems. WTO panels, the Appellate
Body and investor-state dispute settlement cases have received
increasing attention beyond the core trade and investment
constituencies within governments. Scrutiny by business, civil
society, academia, and trade and investment experts has been on the
rise. This book asks whether we observe a transformation or a
demise of existing institutions and mechanisms to adjudicate
disputes over trade or investment. It makes a contribution to the
question in which direction international economic dispute
settlement is heading in times of change, uncertainty and
increasing economic nationalism. In order to do so, it brings
together chapters written by leading researchers and experts in law
and political science to address the challenges of settling
disputes in the global economy and to sketch possible scenarios
ahead of us.
The multilateral trading system and the WTO, its principal
institution, are currently in crisis. Now more than ever, it is
essential to provide a sound understanding of WTO rules and
procedures, and their contribution to a secure and predictable
framework for trading relations between nations. This book provides
a timely and carefully considered overview of the substantive rules
and institutional arrangements of the WTO, written in a concise and
highly reader-friendly manner. It provides a clear and systematic
discussion of key issues of WTO law, and incorporates important
case law and current debates. It includes useful pedagogical
features such as illustrative examples of the application of the
legal framework to practical situations to facilitate
understanding, as well as lists of further reading. Co-written by a
leading authority in the field, it forms essential reading for
anyone who wants to get to grips with this fascinating and
challenging field of law.
The accelerating pace of international law developments in multiple
fora present a challenge for studying, influencing, and predicting
these changes. This volume assembles essays from notable jurists,
academics, and practitioners from around the world who offer new
insights regarding the jurisprudence of world trade law, the
changing landscape of investment arbitration, and other vital
topics in international adjudication. These essays are assembled in
celebration of Justice Florentino Feliciano of The Philippines, who
continues to be one of the most inspirational figures in the
international law community. This collection will be of special
interest to analysts of the World Trade Organization as the
contributors include six current or former members of the WTO
Appellate Body, as well as several leading trade law commentators.
Among the key issues discussed are the WTO environmental cases,
trade and human rights, and potential reforms of the WTO dispute
system.
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