The World Trading System, the International Legal System and Multilevel Choice

Joel P. Trachtman

Chapter 8 in Trade Law, Domestic Regulation and Development, 2015, pp 211-227 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This article develops a theory of multilevel choice of regulatory jurisdiction based on normative individualism, and suggests how certain features of the World Trade Organization (WTO) might be understood in terms of this theory. The WTO has some capacity for positive integration, as demonstrated in, for example, the harmonised minimum standards for intellectual property protection contained in the TRIPS agreement. Yet the WTO has generally not been used as a site for re-regulation in areas congruent with its de-regulation. However, in a limited way, and in particular contexts, it provides certain incentives for re-regulation at other sites. For example, both the SPS Agreement and the TBT Agreement encourage the formation of harmonised rules. These agreements require Member States to use international standards as a basis for their measures, with important exceptions.

Keywords: Trade; WTO; International Law; Globalization; Right to Regulate; Development (search for similar items in EconPapers)
Date: 2015
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