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15445 Issued in October 2009 NBER Program(s): International Trade and Investment We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT.
The paper suggests that the Nairobi Ministerial has finally put an end to the Doha Round and comes to the conclusion that policymaking at the multilateral level (i.e.
through the single undertaking) will change significantly in the future because the WTO Members are incapable of reaching a comprehensive agreement at this time. https://doi.org/10.1108/JITLP-01-2017-0001 Download as .
Instead, the current trend towards trade policymaking via FTA is likely to continue while the WTO focuses on plurilateral negotiations on narrow and discreet issues.
The paper contributes to the literature on the analysis of global regulatory fragmentation and on trade policymaking. (2017), "Doha dead and buried in Nairobi: lessons for the WTO", Journal of International Trade Law and Policy, Vol.
Most rewardingly, Choe explained that his research facilitated a deeper understanding of conflict of norms and hierarchy of sources in public international law.
Wto Research Papers The Hunchback Assignments
“I aspire to be a trade lawyer and this research was the ultimate experience for me to increase my knowledge of international economic law and policy,” he said.
Without the US as its champion, the global trade agenda risks faltering.
But there are other potential routes that could have a moderating effect, and an opportunity to address some genuine shortcomings within the current system.
Having played a crucial role in shaping the global trade system since the end of the Second World War, the US under the presidency of Donald Trump will no longer take the lead in pressing for new free-trade agreements and multilateral trade rules.
However, the global trade system, and the US’s role in it, was in trouble before Trump’s victory, as scepticism of free-trade agreements grew, despite a largely positive view of free trade as a concept.