Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough

Poor countries are rarely challenged in formal World Trade Organization (WTO) trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This article examines the political-economic causes of the failure to challenge poor cou...

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Bibliographic Details
Main Authors:	Bown, Chad P., Hoekman, Bernard M.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 International Law K330 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240
Online Access:	http://hdl.handle.net/10986/5442

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recordtype	oai_dc
spelling	okr-10986-54422021-04-23T14:02:22Z Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough Bown, Chad P. Hoekman, Bernard M. Trade Policy International Trade Organizations F130 International Law K330 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Poor countries are rarely challenged in formal World Trade Organization (WTO) trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This article examines the political-economic causes of the failure to challenge poor countries and discusses the static and dynamic costs and externality implications of this failure. Given the weak incentives to enforce WTO rules and disciplines against small and poor Members, bolstering the transparency function of the WTO is important to make trade agreements more relevant to trade constituencies in developing countries. While our focus is on the WTO system, our arguments also apply to reciprocal North-South trade agreements. 2012-03-30T07:32:50Z 2012-03-30T07:32:50Z 2008 Journal Article Journal of World Trade 10116702 http://hdl.handle.net/10986/5442 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 International Law K330 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240
spellingShingle	Trade Policy International Trade Organizations F130 International Law K330 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Bown, Chad P. Hoekman, Bernard M. Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Poor countries are rarely challenged in formal World Trade Organization (WTO) trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This article examines the political-economic causes of the failure to challenge poor countries and discusses the static and dynamic costs and externality implications of this failure. Given the weak incentives to enforce WTO rules and disciplines against small and poor Members, bolstering the transparency function of the WTO is important to make trade agreements more relevant to trade constituencies in developing countries. While our focus is on the WTO system, our arguments also apply to reciprocal North-South trade agreements.
format	Journal Article
author	Bown, Chad P. Hoekman, Bernard M.
author_facet	Bown, Chad P. Hoekman, Bernard M.
author_sort	Bown, Chad P.
title	Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough
title_short	Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough
title_full	Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough
title_fullStr	Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough
title_full_unstemmed	Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough
title_sort	developing countries and enforcement of trade agreements : why dispute settlement is not enough
publishDate	2012
url	http://hdl.handle.net/10986/5442
_version_	1764395067175337984

Developing Countries and Enforcement of Trade Agreements : Why Dispute Settlement Is Not Enough

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