Enforcement and dispute resolution

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Chapter 5 in The Law and Economics of International Trade Agreements, 2023, pp 80-126 from Edward Elgar Publishing

Abstract: This chapter focuses on the law and economics of enforcement and dispute resolution in international trade agreements. It introduces the concept of self-enforcing agreements, and discusses the role of formal adjudication versus informal enforcement in a “repeat play” setting. Further topics include standing to bring legal claims, as such versus as applied claims, the nature of sanctions for violations and their calibration, the concept of non-violation claims, and the role of the Vienna Convention in treaty interpretation. The analysis also addresses the current impasse in the WTO Appellate Body and its genesis.

Keywords: Economics and Finance; Law - Academic; Law - Professional (search for similar items in EconPapers)
Date: 2023
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