Retaliation under the WTO Agreement: The “Sequencing Problem”
Sergei Gorbylev and
Milica Novaković
Estey Centre Journal of International Law and Trade Policy, 2013, vol. 14, issue 2, 15
Abstract:
The topic of this article is one of the biggest problems associated with retaliation under the World Trade Organization dispute settlement procedure - the sequencing issue. Namely, despite very strict, precise, applicable and tractable procedural rules in the World Trade Organization dispute settlement system, one thing has remained unclear and unresolved thus far - the mismatch of articles 21.5 and 22 of the World Trade Organization Dispute Settlement Understanding. A critical reading of these two articles, aside from possible practical problems, is enough to conclude that these two articles must be brought in accordance; otherwise, problems in implementation may arise. More than a decade ago, such a problem occurred, involving important world trade “players” and lasting over a considerable period. In order to explore the aforementioned problem, this article will outline the procedural issues, identify the problem, indicate the substance of the problem and, finally, suggest possible solutions.
Keywords: Institutional and Behavioral Economics; International Development; International Relations/Trade; Political Economy; Production Economics (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ecjilt:159562
DOI: 10.22004/ag.econ.159562
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