Categorie
Australia World Trade Organization

WTO dispute settlement: why Australia bothers (Ravi Kewalram, The Interpreter)

I have three propositions about Australia’s participation in World Trade Organisation dispute settlement to put to Interpreter readers.

WTO dispute settlement: why Australia bothers | The Interpreter (lowyinstitute.org)

Categorie
World Trade Organization

Key Issues for Reforming the World Trade Organization (Jürgen Matthes, Kyungjin Song, Chris Hattingh, Stephen Ezell, Grace Sly, Philip Thompson)

The members of the Global Trade & Innovation Policy Alliance (GTIPA), a network of over 40 think tanks in 26 nations, have come together to articulate a positive vision that trade, globalization, and innovation—if conducted on private enterprise-led, market-based, rulesgoverned terms—can maximize welfare for the world’s citizens (GTIPA, 2017). The members of the GTIPA believe the World Trade Organization (WTO) can play a critical role as a forum for the establishment of rules that enable global trade to occur in a free, fair,
and market-oriented manner in accordance with the foundational principles of national treatment, nondiscrimination, transparency, and reciprocity and serves as a forum for the (ideally) impartial, rules-based, and timely adjudication of trade disputes among member
nations. A well-functioning WTO is indispensable to a well-functioning international economy. Unfortunately, the WTO is an increasingly constrained organization: It has failed to deliver any new significant trade-liberalizing agreements since the original Information
Technology Agreement (ITA) in 1996, progress on the Doha Round remains interminably stalled, and the Appellate Body (AB) system appears broken. Perhaps most worryingly, some nations, particularly China, have elected to embrace economic and trade strategies
and policies that are fundamentally antithetical and inconsonant with their WTO commitments, with the WTO proving powerless to effectively intercede. This monograph— authored by a subset of GTIPA members—explores the leading challenges facing the WTO
and offers a number of policy recommendations for how to address them.

Key Issues for Reforming the World Trade Organization (itif.org)