Developing Countries and WTO Disputes Settlement Mechanisms

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Abstract:

Developing countries which constitute the majority members of the World Trade Organization (WTO) are having a better situation relative to the past. On the other hand, their economic deficiency and inexperience in international trade, is a disadvantage for them with regard to developed countries. This is clearly seen in trade disputes and judicial cases in the world trade organization. The process considered for resolving trade disputes in WTO does not benefit developing countries due to its high costs and complexity. Thus, making them to cooperate is important for the legitimacy of the world trade system and, for this end, three major solutions including institutional reforms, process reforms, and systemic reforms are discussed.

Language:
Persian
Published:
Journal of Legal Research, Volume:15 Issue: 29, 2016
Pages:
117 to 136
https://magiran.com/p2117232