Is The Use Of The WTO Dispute Settlement System Biased?
The larger trading nations have been the main users of the WTO Dispute Settlement system during its first four years of existence (1995-1998). This has prompted a debate about whether the DS system is biased against smaller and poorer countries, for example, because of a lack of legal capacities and retaliatory power. This paper shows that a simple model in which countries bring disputes proportionally to the diversity and value of exports explains fairly well the dispute pattern. Differences in legal capacities appear to play some role, while 'power' considerations do not seem to matter.
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- Kaplow, Louis & Shavell, Steven, 2002.
"Economic analysis of law,"
Handbook of Public Economics,in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 25, pages 1661-1784
- Louis Kaplow & Steven Shavell, 1999. "Economic Analysis of Law," NBER Working Papers 6960, National Bureau of Economic Research, Inc.
- Mavroidis, Petros C & Zdouc, Werner, 1998. "Legal Means to Protect Private Parties' Interests in the WTO: The Case of the EC New Trade Barriers Regulation," Journal of International Economic Law, Oxford University Press, vol. 1(3), pages 407-432, September. Full references (including those not matched with items on IDEAS)
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