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Book Cover
E-book
Author Schropp, Simon A. B. (Simon Arnd Benedikt)

Title Trade policy flexibility and enforcement in the World Trade Organization : a law and economics analysis / Simon A.B. Schropp
Published Cambridge ; New York : Cambridge University Press, ©2009
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Description 1 online resource (xviii, 360 pages) : illustrations
Series Cambridge international trade and economic law
Cambridge international trade and economic law.
Contents Introduction : trade policy flexibility in the WTO-vice or virtue? -- Complete contracts and the contracting ideal -- Incomplete contracting and the essence of flexibility -- Adding context : the WTO as an incomplete contract -- Analyzing the system of non-performance in the WTO -- Theorizing about the WTO as an efficient "breach" contract -- Towards an efficient "breach" contract : an agenda for reform
Summary "The World Trade Organization (WTO) is an incomplete contract among sovereign countries. Trade policy flexibility mechanisms are designed to deal with contractual gaps, which are the inevitable consequence of this contractual incompleteness. Trade policy flexibility mechanisms are backed up by enforcement instruments which allow for punishment of illegal extra-contractual conduct." "This book offers a legal and economic analysis of contractual escape and punishment in the WTO. It assesses the interrelation between contractual incompleteness, trade policy flexibility mechanisms, contract enforcement, and WTO Members' willingness to co-operate and to commit to trade liberalization. It contributes to the body of WTO scholarship by providing a systematic assessment of the weaknesses of the current regime of escape and punishment in the WTO, and the systemic implications that these weaknesses have for the international trading system, before offering a reform agenda that is concrete, politically realistic, and systemically viable."--Jacket
Bibliography Includes bibliographical references (pages 324-346) and index
Notes English
Subject World Trade Organization.
SUBJECT World Trade Organization fast
World Trade Organization gnd
Subject Foreign trade regulation -- Economic aspects
Dispute resolution (Law) -- Economic aspects
Performance (Law)
BUSINESS & ECONOMICS -- Commerce.
Dispute resolution (Law) -- Economic aspects
Foreign trade regulation -- Economic aspects
Performance (Law)
Handelspolitik
Recht
Durchsetzung
Mitgliedsstaaten
Außenhandelspolitik
Schutzklausel
Vertragsverletzung
Sanktion
Ökonomische Theorie des Rechts
Form Electronic book
LC no. 2009517090
ISBN 9780511675249
0511675240
9780511674570
0511674570
0511670710
9780511670718
1107193664
9781107193666
0511739036
9780511739033
1107638186
9781107638181
1282486470
9781282486478
9786612486470
6612486473
0511674058
9780511674051
0511671997
9780511671999
0511673264
9780511673269
Other Titles Trade policy flexibility and enforcement in the WTO : a law and economics analysis