Costs and Benefits of a WTO Dispute: Philippine Bananas and the Australian Market
Why do governments engage in WTO disputes? What can countries expect to gain from international legal trade battles? This article examines the costs and benefits of the Philippine-Australian dispute regarding Australia's quarantine policy on Philippine fresh fruits and vegetables, a case also of keen interest to a number of countries including those in the European Union, the United States, Canada, Ecuador, Thailand, China, India, and Chile. We find that a host of institutional, political, and economic factors can trigger disputes under strong, yet debatable, expectations over winning a case in the WTO.
Volume (Year): 07 (2006)
Issue (Month): 1 ()
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References listed on IDEAS
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- Butler, M. & Hauser, H., 2000. "The WTO Dispute Settlement System : A First Assessment from an Economic Perspective," Discussion Paper 2000-21, Tilburg University, Center for Economic Research.
- Currie, John Martin & Murphy, John A & Schmitz, Andrew, 1971. "The Concept of Economic Surplus and its Use in Economic Analysis," Economic Journal, Royal Economic Society, vol. 81(324), pages 741-799, December.
- Isaac, Grant E., 2004. "The SPS Agreement and Agri-food Trade Disputes: The Final Frontier," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 5(1).
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