Pecularities of Retaliation in WTO Dispute Settlement

Kym Anderson

No 2002-07, Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies

Abstract: The dispute resolution procedures of the World Trade Organization allow sanctions to be imposed when a country is unwilling to bring a WTO-inconsistent trade measure into conformity. Apart from the fact that the procedure for triggering the retaliation process has ambiguities that need to be removed, the retaliation itself has some undesirable economic features. This paper looks at why compensation is not preferred to retaliation and then examines five economic features of the temporary trade retaliation that WTO may permit under certain conditions. Both efficiency and equity concerns are raised. The paper concludes with some suggestions for reforming this part of WTO dispute resolution during the review of the Dispute Settlement Understanding that is due to be completed by May 2003.

Keywords: WTO; Dispute settlement; Compensation; Retaliation (search for similar items in EconPapers)
JEL-codes: F13 K33 K42 P45 Q17 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2002-03
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.adelaide.edu.au/cies/papers/0207.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.adelaide.edu.au/cies/papers/0207.pdf [301 https://www.adelaide.edu.au/cies/papers/0207.pdf]--> https://www.adelaide.edu.au/cies/papers/0207.pdf)

Related works:
Journal Article: Peculiarities of retaliation in WTO dispute settlement (2002)
Working Paper: Peculiarities of Retaliation in WTO Dispute Settlement (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adl:cieswp:2002-07

Access Statistics for this paper

More papers in Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Dmitriy Kvasov ( this e-mail address is bad, please contact ).