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In this reissued edition of the classic work Developing Countries in the GATT Legal System, Robert E. Hudec's clear insight on the situation of developing countries within the international trade system is once again made available. Hudec is regarded as one of the most prominent commentators on the evolution of the current international trade regime, and this long out-of-print book offers his analysis of the dynamics playing out between developed and developing nations. A significant contribution when the book was first published, this work continues to serve as a thoughtful and important guide to how current and future trade policy must seriously adapt to the demands of the developing world. This new edition includes a new introduction by J. Michael Finger that examines Hudec's work to understand how the GATT got into its current historical-institutional predicament and the lasting impact of his work on current research on international trade systems.
International experts from law, economics and political science provide in-depth analysis of international trade issues. Attorneys, economists and political scientists adopt a common viewpoint, entitled 'transcending the ostensible'. This approach directs particular attention to the possibility that WTO legal institutions, like other international legal institutions, will function in unexpected ways due to the political and economic conditions of the international environment in which they have been created, and in which they operate. A range of trade problems are considered here. Topics include the constitutional dimensions of international trade law, adding subjects and restructuring existing subjects to international trade law, the legal relations between developed and developing countries, and the operation of the WTO dispute settlement procedure. This will be an essential volume for professionals and academics involved with international trade policy.
This volume is a comprehensive account of developing countries and their positioning within the WTO legal system. It comprises chapters by a number of leading experts in the law and economics of international trade who reflect on Robert Hudec's groundbreaking 1987 book Developing Countries in the GATT Legal System, and offers political, economic, and legal perspectives on Hudec's legacy.
"This book presents a history and analysis of the GATT legal system as it stands today at the beginning of the 1990s. Although the origins of GATT law go back to the GATT/ITO negotiations of 1946-1948 and beyond, the current legal system is largely the product of a reconstruction that took place from 1970 onwards. The book focuses on the evolution of GATT law during this modern period. It concentrates on the development of GATT's procedure for adjudicating legal disputes between member countries, known in GATT parlance as the "dispute settlement procedure". -- from the Preface, p. vii.
In this volume, international experts from law, economics, and political science provide in-depth analysis of international trade issues. Attorneys, economists, and political scientists adopt an approach which considers WTO legal institutions as functioning in unexpected ways due to the political and economic conditions of their international environment. Topics include the constitutional dimensions of international trade law, adding and restructuring existing subjects, the legal relations between developed and developing countries, and the operation of the WTO dispute settle procedure. This will be an essential volume for professionals and academics involved with international trade policy.
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The advent of the World Trade Organization (WTO) in 1995 transformed international economic law for states, enterprises, and nongovernmental organizations. This book analyzes how the WTO is changing the path of international trade law and examines the implications of these trends for the world economy and the global environment. Containing 18 essays published from 1999 to 2011, the book illuminates several of the most complex issues in contemporary trade policy. Among the topics covered are: Is there a normative theory of the WTO's purpose? Can constitutional theory provide guidance to keep the WTO's levers in balance? Should the WTO use trade sanctions for enforcement? What can the WTO do to enhance sustainable development and job creation?
A penetrating look at major challenges to the World Trade Organization and the future of trade liberalization. It also shows how the WTO is moving in a direction at odds with basic democratic principles. The author closes his analysis with some policy recommendations.
"A reissue of Robert E. Hudec's seminal study of the situation of developing countries within the international trade system is once again available"--