Factors shaping the future of world trade

2018 ◽  
Keyword(s):  
World Trade ◽  
The Future

Doha Development Round

2014 ◽  
pp. 74-83
Author(s):  
Badar Iqbal ◽  
Munir Hasan
Keyword(s):  
World Trade Organization ◽  
Free Trade ◽  
World Trade ◽  
Trade Negotiations ◽  
Global Trade ◽  
New Regionalism ◽  
Trading System ◽  
Multilateral Trading System ◽  
The Future

More than 11 years have passed and Doha Development Round (DDR) has been in the doldrums, having full uncertainties that may result in closure. Trade negotiations are at a standstill, resulting in revivalism of trade protectionism in the name of “new regionalism” or preferential agreements (India-Japan, India-EU). This would lead to dismantling multilateral trading system for which World Trade Organization was created in January 1995. It is vital to protect and preserve the gains of the WTO in a variety of related areas. Therefore, the success of a multilateral trading system is imperative, and this could only be possible when DDR is successful and revivalism takes place. If impasse is continued, the concept and practices of free trade would be transformed into trade protectionism in the name of new regionalism. If it happens, then the future of global trade is uncertain and there would be enormous loss of potential and opportunities of creation of trade, and no country could afford it. Doha is stuck. Where do we go from here? The present chapter analyses the issues relating to the closure vs. success of the DDR. Every effort must be made to keep it alive both in the interest of mankind and the globe. If in 12th round, nothing concrete comes up, then the member countries are thinking and planning to replace it by Global Recovery Round (GRR), which is becoming more significant to deal with. Hence, this chapter attempts to examine the three options, namely closure, revival, and replace.

scholarly journals The Future of Amicus Participation at the WTO: Implications of the Sardines Decision and Suggestions for Further Developments

2005 ◽  
Vol 33 (3) ◽  
pp. 449-470 ◽  
Author(s):  
Joseph Keller
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
International Institutions ◽  
Dispute Settlement ◽  
Public Access ◽  
Democratic Participation ◽  
Global Society ◽  
Appellate Body ◽  
The World ◽  
The Future

In today's increasingly interdependent global society, international institutions formerly committed to operating as insular systems recognizing only states as legitimate participants have come under pressure to open their processes to public view and participation. The World Trade Organization (WTO) in particular has been widely criticized for its lack of transparency and democratic participation. Nowhere has this criticism been more prevalent than in the arena of dispute settlement. The controversy over the acceptance of amicus briefs at the WTO reflects the tensions among WTO members and non-members concerning greater public access to dispute settlement proceedings. This battle has been fought primarily through the Appellate Body and its important series of decisions on amicus briefs.

scholarly journals Association of Pathology Chairs: Abstracts of the 2019 Annual Meeting: Innovation Through Collective Excellence: Shaping the Future of Pathology July 21 to 24, 2019, Boston Seaport Hotel and World Trade Center, Boston, MA

2019 ◽  
Vol 6 ◽  
pp. 237428951985255
Keyword(s):  
Poster Presentation ◽  
Annual Meeting ◽  
World Trade ◽  
World Trade Center ◽  
The Future ◽  
Trade Center

[Formula: see text] The following abstracts were accepted by the Association of Pathology Chairs, without modification, for poster presentation at the 2019 APC Annual Meeting. This content was not peer reviewed by Academic Pathology. Presenting authors’ names are bolded throughout.

The Politics of Judicial Economy at the World Trade Organization

2010 ◽  
Vol 64 (2) ◽  
pp. 257-279 ◽  
Author(s):  
Marc L. Busch ◽  
Krzysztof J. Pelc
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
International Institutions ◽  
Third Party ◽  
Legal Decisions ◽  
The World ◽  
The Future ◽  
Future Consequences ◽  
Judicial Economy

AbstractInternational institutions often moderate the legal decisions they render. World Trade Organization (WTO) panels do this by exercising judicial economy. This practice, which is evident in 41 percent of all rulings, involves the decision not to rule on some of the litigants' arguments. The constraint is that it can be appealed. We argue that panels exercise judicial economy when the wider membership is ambivalent about the future consequences of a broader ruling. This is proxied by the “mixed” (that is, nonpartisan) third-party submissions, which are informative because they are costly, jeopardizing a more decisive legal victory that would benefit these governments too. We empirically test this hypothesis, and find that mixed third-party submissions increase the odds of judicial economy by upwards of 68 percent. This suggests that panels invoke judicial economy to politically appease the wider WTO membership, and not just to gain the litigants' compliance in the case at hand.

Freedom and Justice in Trade Governance

2020 ◽  
Vol 34 (3) ◽  
pp. 401-412
Author(s):  
Sarah C. Goff
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Trade Agreements ◽  
Distinctive Features ◽  
The World ◽  
The Future ◽  
Economic Exchanges ◽  
State Consent ◽  
Liberal Justice

AbstractTwo recent books consider the future of trade governance. Consent and Trade proposes reforms to trade agreements so that states can consent more freely to their terms. On Trade Justice defends reforms to the World Trade Organization, arguing that multilateralism is the foundation for a “new global deal” on trade. Each book describes trade's distinctive features and proposes a principle to regulate both trade and trade governance. Consent and Trade defends a principle of respect for state consent in trade agreements. On Trade Justice offers a theory of trade justice that requires nonexploitation. Consent and nonexploitation are important principles for economic exchanges. However, trade governance and trade itself are different forms of cooperation, with different agents and different interests at stake. Consent and nonexploitation are less compelling as principles for trade governance than for trade itself. Both books understate the conflict between their principles for trade governance and liberal justice.

scholarly journals The future of Russian LNG on the world gas markets

2018 ◽  
Vol 58 ◽  
pp. 03005
Author(s):  
Natalia Pyatkova
Keyword(s):  
Natural Gas ◽  
World Trade ◽  
Liquefied Natural Gas ◽  
The State ◽  
World Markets ◽  
The World ◽  
The Future ◽  
Gas Markets

The main purpose of the article is to analyze the situation on the world markets of liquefied natural gas (LNG) and Russia’s ability to enter this market. This article continues the work carried out 15 years ago on possible ways of diversifying the forms and directions of Russian gas exports [1]. An analysis of the state of the LNG market for this period was made, prospects for the development of world trade in LNG and promising Russian projects were considered.

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