Julien Chaisse & Tsai-yu Lin (Eds.), International Economic Law and Governance: Essays in Honour of Mitsuo Matsushita

Abstract

Abstract. WTO today stands at a crucial crossroad. On one hand the multilateral negotiations are progressing at a snail’s pace, often dis-incentivizing Member countries from undertaking additional liberalization commitments. On the other hand, the regional collaborations like the Trans-Pacific Partnership (TPP) are losing relevance, given the recent decision of the US to pull out. As a result, several countries are now treading on a path inclined towards protectionist intents, much to the chagrin of their partners. The emerging development has enormous implications for the interaction between WTO Members at the Dispute Settlement (DS) forum, where the possible violations of the multilateral commitments are analyzed.

Keywords. Internatioanl economics, Economic law, Governence.

JEL. F00, F50, F59, F60.