Use of the WTO trade dispute settlement mechanism by the Latin American countries: Dispelling myths and breaking down barriers

Raúl A. Torres

No ERSD-2012-03, WTO Staff Working Papers from World Trade Organization (WTO), Economic Research and Statistics Division

Abstract: The WTO's Dispute Settlement Mechanism (DSM) has been hailed as a fundamental aspect of the Multilateral Trading System for developing countries. At the same time developing countries face many challenges to ensure their effective participation in the mechanism. This paper presents statistical evidence of how Latin-American countries have been very active in their use of the DSM, especially when their use of the mechanism is compared to their participation in world trade. This paper also analyses why, to a large extent, Latin American countries have overcome the challenges of participating in the DSM; and have done so by coming up with innovative and creative solutions, without deviating from the guidelines established by WTO rules.

Keywords: dispute settlement; Latin-America; participation; challenges; litigation; retaliation; consultations; negotiations; panel (search for similar items in EconPapers)
JEL-codes: F13 F51 F53 K33 K41 K42 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:wtowps:ersd201203

DOI: 10.30875/a79fb67f-en

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