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The Law, Economics and Politics of Retaliation in WTO Dispute Settlement

Editor

Listed:
  • Bown,Chad P.
  • Pauwelyn,Joost

Abstract

The WTO allows its members to retaliate in the face of continued non-compliance. After more than ten years' operation and ten arbitration disputes, this volume assesses the law, economics and politics of trade sanctions in WTO dispute settlement. Including more than thirty contributions from leading academics, trade diplomats and practitioners, it offers a thorough analysis of the legal rules on permissible WTO retaliation as well as an assessment of the economic rationale and calculations behind the mechanism. In addition, it provides first hand experiences of those countries that have obtained WTO authorisation to retaliate, ranging from the United States and the EC to Mexico and Antigua. In this assessment, the question of how to make the system work also for small countries is paramount. Finally, the volume spells out lessons that could be learned from related fields such as remedies for non-compliance in investment arbitration and competition or anti-trust regimes.

Suggested Citation

  • Bown,Chad P. & Pauwelyn,Joost (ed.), 2010. "The Law, Economics and Politics of Retaliation in WTO Dispute Settlement," Cambridge Books, Cambridge University Press, number 9780521119979.
    • Handle: RePEc:cup:cbooks:9780521119979
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    Citations

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    Cited by:

    1. Stephan Wittig, 2021. "Transatlantic Trade Dispute: Solution for Airbus-Boeing Under Biden?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(1), pages 23-31, January.
    2. Barbara Dluhosch & Daniel Horgos, 2013. "(When) Does Tit-for-tat Diplomacy in Trade Policy Pay Off?," The World Economy, Wiley Blackwell, vol. 36(2), pages 155-179, February.
    3. Todd Allee & Manfred Elsig, 2016. "Why do some international institutions contain strong dispute settlement provisions? New evidence from preferential trade agreements," The Review of International Organizations, Springer, vol. 11(1), pages 89-120, March.
    4. Chad P. Bown & Rachel Brewster, 2016. "US–COOL Retaliation: The WTO's Article 22.6 Arbitration," Working Paper Series WP16-13, Peterson Institute for International Economics.
    5. Staiger, Robert & Bagwell, Kyle & Bown, Chad, 2015. "Is the WTO Passé?," CEPR Discussion Papers 10672, C.E.P.R. Discussion Papers.
    6. Kyle Bagwell & Chad P. Bown & Robert W. Staiger, 2016. "Is the WTO Passé?," Journal of Economic Literature, American Economic Association, vol. 54(4), pages 1125-1231, December.
    7. Liebman, Benjamin H. & Reynolds, Kara M., 2022. "Casualties of trade wars," European Economic Review, Elsevier, vol. 148(C).
    8. Chad P. Bown & Kara M. Reynolds, 2017. "Trade Agreements and Enforcement: Evidence from WTO Dispute Settlement," American Economic Journal: Economic Policy, American Economic Association, vol. 9(4), pages 64-100, November.
    9. Fritz Breuss & Elisabeth Christen, 2019. "Policy Brief: Trump's Trade Wars. Implications for the EU and China," WIFO Studies, WIFO, number 61914, Juni.
    10. Balistreri, Edward J. & Mavroidis, Petros C. & Prusa, Thomas J., 2021. "What If? Tinkering with the Counterfactual: A Comment on US–Washing Machines (Article 22.6-US)," World Trade Review, Cambridge University Press, vol. 20(4), pages 421-435, October.
    11. Chad P. Bown & Thomas J. Prusa, 2021. "U.S. Anti-dumping: Much Ado about Zeroing," World Scientific Book Chapters, in: Thomas J Prusa (ed.), Economic Effects of Antidumping, chapter 10, pages 195-232, World Scientific Publishing Co. Pte. Ltd..
    12. Ralph Ossa & Robert W. Staiger & Alan O. Sykes, 2020. "Disputes in International Investment and Trade," NBER Working Papers 27012, National Bureau of Economic Research, Inc.
    13. Kuenzel, David J., 2017. "WTO dispute determinants," European Economic Review, Elsevier, vol. 91(C), pages 157-179.
    14. Fouré, Jean & Guimbard, Houssein & Monjon, Stéphanie, 2016. "Border carbon adjustment and trade retaliation: What would be the cost for the European Union?," Energy Economics, Elsevier, vol. 54(C), pages 349-362.
    15. Ronen, Eyal & Dawar, Kamala, 2016. "How Necessary? A Comparison of Legal and Economic Assessments GATT Dispute Settlements under: Article XX(b), TBT 2.2 and SPS 5.6," MPRA Paper 83834, University Library of Munich, Germany.
    16. Bown, Chad & Crowley, Meredith A., 2016. "The Empirical Landscape of Trade Policy," CEPR Discussion Papers 11216, C.E.P.R. Discussion Papers.
    17. Jean Fouré & Houssein Guimbard & Stéphanie Monjon, 2013. "Border Carbon Ajustment in Europe and Trade Retaliation: What would be the Cost for European Union?," Working Papers 2013-34, CEPII research center.
    18. Fontagné, Lionel & Guillin, Amélie & Mitaritonna, Cristina, 2010. "Estimations of Tariff Equivalents for the Services Sectors," Conference papers 331941, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Michele Ruta, 2013. "The Role of Economic Theory in WTO Arbitrations," RSCAS Working Papers PP2013/02, European University Institute.
    20. Bartels Lorand, 2013. "Making WTO Dispute Settlement Work for African Countries: An Evaluation of Current Proposals for Reforming the DSU," The Law and Development Review, De Gruyter, vol. 6(2), pages 47-66, August.
    21. repec:rsc:rsceui:2013/02 is not listed on IDEAS

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