Challenges Facing the World Trade Organization: An Overview
Tensions are running high in the world trading system. Sufficient conditions now exist for a continuing degeneration of trading relations creating a downward spiral and launching a serious trade war with unknown consequences. History has shown this scenario can be avoided if trading relations are ba...
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| Veröffentlicht in: | Australian economic review 2018-12, Vol.51 (4), p.453-473 |
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| container_end_page | 473 |
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| container_title | Australian economic review |
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| creator | Sampson, Gary P |
| description | Tensions are running high in the world trading system. Sufficient conditions now exist for a continuing degeneration of trading relations creating a downward spiral and launching a serious trade war with unknown consequences. History has shown this scenario can be avoided if trading relations are based on agreed rules, enforced by an effective compliance mechanism and fully respected by governments. With the World Trade Organization (WTO) now at its heart, the very existence of the rules‐based trading system is under threat. Challenges facing the WTO and the reforms needed to deal with them are addressed in this article. |
| doi_str_mv | 10.1111/1467-8462.12301 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0004-9018 |
| ispartof | Australian economic review, 2018-12, Vol.51 (4), p.453-473 |
| issn | 0004-9018 1467-8462 |
| language | eng |
| recordid | cdi_proquest_journals_2154640255 |
| source | Wiley Online Library Journals Frontfile Complete; PAIS Index; EBSCOhost Business Source Complete |
| subjects | Compliance International trade Internationale Handelspolitik Internationale Wirtschaftsorganisation Trade Trade disputes Trading Weltwirtschaftsordnung World Trade Organization WTO-Recht |
| title | Challenges Facing the World Trade Organization: An Overview |
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