WTO Law and Policy: A Political Economy Approach

WTO Law and Policy provides an authoritative account of the emergence of the World Trade Organization (WTO) and the basic principles and institutional law of the WTO. It explores how political economy has shaped the WTOs legal philosophy and policies and offers insights into how international trade law has developed. It outlines key contemporary issues and areas that need reforming and is guided by the legal pronouncements of the Dispute Settlement Body.

Format: Paperback / softback
Length: 692 pages
Publication date: 12 April 2022
Publisher: Taylor & Francis Ltd

The World Trade Organization (WTO) is a global institution established to regulate and facilitate international trade. Its legal framework is governed by the WTO Law and Policy, which provides an authoritative account of the organization's origins, principles, and institutional law. This textbook delves into the political economy that has shaped the WTO's legal philosophy and policies, exploring how they have evolved to address the challenges of global trade.

The book examines the legal obligations of WTO Member States under the multilateral trade agreements, including the rules of origin, tariffs, and subsidies. It also discusses the legal remedies available under the rules-based dispute settlement system, which allows for the resolution of trade disputes between members.

Incorporating the most relevant case laws from the WTO's jurisprudence, the textbook provides a comprehensive understanding of the organization's legal framework. It outlines several key contemporary issues that the WTO faces, such as the impact of trade on the environment, intellectual property rights, and labor standards. Additionally, it identifies areas that require reform, such as the need for greater transparency and accountability in the decision-making processes of the WTO.

Each chapter of the book focuses on a specific topic related to the framework and functionality of the WTO, with particular attention to the legal aspects of the multilateral trade order. The book is guided by the legal pronouncements of the Dispute Settlement Body (Panels and Appellate Body), as well as the commentaries on the interpretation of the provisions of the covered agreements.

The WTO Law and Policy is an essential resource for all students studying international trade law, including those embarking on careers in international law, international trade, and WTO law. It offers a comprehensive and up-to-date understanding of the organization's legal framework, providing valuable insights into the complex dynamics of global trade and the role of the WTO in shaping it.

Weight: 1284g
Dimension: 174 x 246 x 48 (mm)
ISBN-13: 9780367028176