Die Entscheidungen des â€™Dispute Settlementâ€™-Verfahrens der WTO im Hormonstreit zwischen der EU und den USA - Implikationen fÃ¼r den zukÃ¼nftigen Umgang mit dem SPS-Abkommen
AbstractInstitutions should reduce uncertainty and the costs of transaction with their regulating activities. This target was pursued at an international level with the foundation of the WTO. With an extensive treaty and a new dispute settlement procedure, the WTO was founded as the institutional platform for international co-operation. In view of the growing conflicts in international trade, the hope to create with this institution an international trade order, in which legally comprehensible decisions dominate and power-oriented politics are deterred, is fading. The case of the hormone dispute shows that the target of a fast harmonization of international standards cannot be reached in critical trade disputes. A solo effort in the area of trade measures that is introduced with the reason to protect consumers is still possible.
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Bibliographic InfoArticle provided by Humboldt-Universitaet zu Berlin, Department for Agricultural Economics in its journal German Journal of Agricultural Economics.
Volume (Year): 50 (2001)
Issue (Month): 3 ()
WTO; Institutions; transaction costs; dispute settlement procedures; SPS-Agreement; Food Consumption/Nutrition/Food Safety; International Relations/Trade;
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- Bureau, Jean-Christophe & Marette, Stephan & Schiavina, Alessandra, 1998. "Non-tariff Trade Barriers and Consumers' Information: The Case of the EU-US Trade Dispute over Beef," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 25(4), pages 437-62.
- Neal H. Hooker & Julie A. Caswell, 1999. "A Framework for Evaluating Non-Tariff Barriers to Trade Related to Sanitary and Phytosanitary Regulation," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(2), pages 234-246.
- Kinsey, Jean, 1993. "GATT and the economics of food safety," Food Policy, Elsevier, vol. 18(2), pages 163-176, April.
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