Embedding mutual recognition at the WTO
In: Trade Law, Domestic Regulation and Development
Mutual recognition is a useful tool for international liberalization in particular contexts. However, it poses two important types of risk. First, it could jeopardize a satisfactory level of prudential regulation. In order to address these risks, mutual recognition should be limited to initiatives that can be supported by satisfactory essential harmonization that can protect a satisfactory level of prudential regulation. Second, mutual recognition could disadvantage poor states, either de jure through closed recognition among developed states or de facto through harmonization or equivalence conditions that are excessive, or excessively costly, for poor states. In order to address these risks, mutual recognition initiatives should be designed to be accessible to poor states.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
|This chapter was published in: ||This item is provided by World Scientific Publishing Co. Pte. Ltd. in its series World Scientific Book Chapters with number
9789814635721_0004.||Handle:|| RePEc:wsi:wschap:9789814635721_0004||Contact details of provider:|| Web page: http://www.worldscientific.com/page/worldscibooks|
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789814635721_0004. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim)
If references are entirely missing, you can add them using this form.