Reformation of Dispute Settlement Mechanisms for International Trade Organizations: Ensuring Developing Country Interests

Research Article
Open access

Reformation of Dispute Settlement Mechanisms for International Trade Organizations: Ensuring Developing Country Interests

Jia Zhong 1*
  • 1 Stevenson School, Pebble Beach, CA 93953, The United States    
  • *corresponding author jackzhong821@qq.com
LNEP Vol.4
ISSN (Print): 2753-7056
ISSN (Online): 2753-7048
ISBN (Print): 978-1-915371-33-1
ISBN (Online): 978-1-915371-34-8

Abstract

Regional Trade Agreements (RTAs) are frequently advantageous for developing countries and can help them prepare for future trade opportunities provided by the World Trade Organization (WTO). Developing countries face a dilemma when disputes occur within an RTA; the WTO Dispute Settlement Body (DSB) tends to be too costly and inaccessible, while RTA dispute settlement mechanisms (DSM) tend to be underdeveloped and immature. In order to minimize the cost of dispute resolution and better safeguard the interests of developing nations and regional trade agreements, which are frequently more beneficial to developing countries, this paper describes why and how the WTO should change its dispute settlement procedures. It also argues that these systems should be established to make the WTO's dispute resolution mechanisms more effective.

Keywords:

Dispute Settlement Mechanisms, Regional Trade Agreements, WTO, Developing Countries

Zhong,J. (2023). Reformation of Dispute Settlement Mechanisms for International Trade Organizations: Ensuring Developing Country Interests. Lecture Notes in Education Psychology and Public Media,4,128-133.
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References

[1]. Geneva. 1986. “THE TEXT of the GENERAL AGREEMENT on TARIFFS and TRADE.” https://www.wto.org/english/docs_e/legal_e/gatt47.pdf.

[2]. Zangl, Bernhard. 2008. “Judicialization Matters! A Comparison of Dispute Settlement under GATT and the WTO.” International Studies Quarterly 52 (4): 825–54. https://doi.org/10.1111/j.1468-2478.2008.00528.x.

[3]. WTO. 1995. Agreement Establishing the World Trade Organization. https://www.wto.org/english/docs_e/legal_e/04-wto.pdf.

[4]. Viner, Jacob. 1950. The Customs Union Issue. London: Stevens.

[5]. Freund, Caroline L., and Emanuel Ornelas. 2010. “Regional Trade Agreements.” Papers.ssrn.com. Rochester, NY. May 1, 2010. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1612091.

[6]. Kemp M, Wan H. 1976. An elementary proposition concerning the formation of customs unions. J. Int. Econ. 6:95-98

[7]. World Bank. n.d. “Data Catalog.” Datacatalog.worldbank.org. Accessed August 4, 2022. https://datacatalog.worldbank.org/search/dataset/0039575.

[8]. WTO. 2016. “Understanding the WTO - Regionalism: Friends or Rivals?” https://www.wto.org/english/thewto_e/whatis_e/tif_e/bey1_e.htm.

[9]. Whalley, John. 1998. “Chapter Title: Why Do Countries Seek Regional Trade Agreements?” https://www.nber.org/system/files/chapters/c7820/c7820.pdf.

[10]. Piplani, Gargee. 2022. “The Detriments of Free Trade on Developing Countries.” Journal of Arts and Humanities 11 (1): 38–44. https://doi.org/10.18533/jah.v11i1.2131.

[11]. Southgate, Laura. 2021. “ASEAN: Still the Zone of Peace, Freedom and Neutrality?” Political Science, September, 1–17. https://doi.org/10.1080/00323187.2021.1967762.

[12]. Yang, Shanping, and Inmaculada Martinez-Zarzoso. 2014. “A Panel Data Analysis of Trade Creation and Trade Diversion Effects: The Case of ASEAN–China Free Trade Area.” China Economic Review 29 (June): 138–51. https://doi.org/10.1016/j.chieco.2014.04.002.

[13]. ASEAN NOW. n.d. “ASEAN’s Economic Growth | ASEAN NOW Report.” https://www.austrade.gov.au/asean-now/why-asean-matters-to-australia/asean-economic-growth/.

[14]. Udomjitpittaya, Wisawawit, and Zuhda Mila Fitriana. 2019. “ASEAN vs. WTO DSM: Overcoming Jurisdiction Issues to Encourage Regional Trade Agreements’ System Efficacy.” Yuridika 35 (2): 407. https://doi.org/10.20473/ydk.v35i2.16876.

[15]. Anyiwe, L. N., and E. O. Ekhator. 2013. “Developing Countries and the WTO Dispute Resolution System: A Legal Assessment and Review.” Journal of Sustainable Development Law and Policy (The) 2 (1): 121–38. https://doi.org/10.4314/jsdlp.v2i1.

[16]. Bohl, Kristin. 2009. “Problems of Developing Country Access to WTO Dispute Settlement.” Chicago-Kent Journal of International and Comparative Law 9 (1): 131. https://scholarship.kentlaw.iit.edu/ckjicl/vol9/iss1/4/.

[17]. Jackson, John H., and William J. Davey. 1986. “Legal Problems of International Economic Relations: Cases Materials and Text on the National and International Regulation of Transnational Economic Relations.” Deepblue.lib.umich.edu, deepblue.lib.umich.edu/handle/2027.42/100793.

[18]. NORDSTRÖM, HÅKAN, and GREGORY SHAFFER. 2008. “Access to Justice in the World Trade Organization: A Case for a Small Claims Procedure?” World Trade Review, vol. 7, no. 4, Oct. 2008, pp. 587–640, 10.1017/s1474745608003996.


Cite this article

Zhong,J. (2023). Reformation of Dispute Settlement Mechanisms for International Trade Organizations: Ensuring Developing Country Interests. Lecture Notes in Education Psychology and Public Media,4,128-133.

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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the International Conference on Interdisciplinary Humanities and Communication Studies (ICIHCS 2022), Part 3

ISBN:978-1-915371-33-1(Print) / 978-1-915371-34-8(Online)
Editor:Muhammad Idrees, Matilde Lafuente-Lechuga
Conference website: https://www.icihcs.org/
Conference date: 18 December 2022
Series: Lecture Notes in Education Psychology and Public Media
Volume number: Vol.4
ISSN:2753-7048(Print) / 2753-7056(Online)

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References

[1]. Geneva. 1986. “THE TEXT of the GENERAL AGREEMENT on TARIFFS and TRADE.” https://www.wto.org/english/docs_e/legal_e/gatt47.pdf.

[2]. Zangl, Bernhard. 2008. “Judicialization Matters! A Comparison of Dispute Settlement under GATT and the WTO.” International Studies Quarterly 52 (4): 825–54. https://doi.org/10.1111/j.1468-2478.2008.00528.x.

[3]. WTO. 1995. Agreement Establishing the World Trade Organization. https://www.wto.org/english/docs_e/legal_e/04-wto.pdf.

[4]. Viner, Jacob. 1950. The Customs Union Issue. London: Stevens.

[5]. Freund, Caroline L., and Emanuel Ornelas. 2010. “Regional Trade Agreements.” Papers.ssrn.com. Rochester, NY. May 1, 2010. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1612091.

[6]. Kemp M, Wan H. 1976. An elementary proposition concerning the formation of customs unions. J. Int. Econ. 6:95-98

[7]. World Bank. n.d. “Data Catalog.” Datacatalog.worldbank.org. Accessed August 4, 2022. https://datacatalog.worldbank.org/search/dataset/0039575.

[8]. WTO. 2016. “Understanding the WTO - Regionalism: Friends or Rivals?” https://www.wto.org/english/thewto_e/whatis_e/tif_e/bey1_e.htm.

[9]. Whalley, John. 1998. “Chapter Title: Why Do Countries Seek Regional Trade Agreements?” https://www.nber.org/system/files/chapters/c7820/c7820.pdf.

[10]. Piplani, Gargee. 2022. “The Detriments of Free Trade on Developing Countries.” Journal of Arts and Humanities 11 (1): 38–44. https://doi.org/10.18533/jah.v11i1.2131.

[11]. Southgate, Laura. 2021. “ASEAN: Still the Zone of Peace, Freedom and Neutrality?” Political Science, September, 1–17. https://doi.org/10.1080/00323187.2021.1967762.

[12]. Yang, Shanping, and Inmaculada Martinez-Zarzoso. 2014. “A Panel Data Analysis of Trade Creation and Trade Diversion Effects: The Case of ASEAN–China Free Trade Area.” China Economic Review 29 (June): 138–51. https://doi.org/10.1016/j.chieco.2014.04.002.

[13]. ASEAN NOW. n.d. “ASEAN’s Economic Growth | ASEAN NOW Report.” https://www.austrade.gov.au/asean-now/why-asean-matters-to-australia/asean-economic-growth/.

[14]. Udomjitpittaya, Wisawawit, and Zuhda Mila Fitriana. 2019. “ASEAN vs. WTO DSM: Overcoming Jurisdiction Issues to Encourage Regional Trade Agreements’ System Efficacy.” Yuridika 35 (2): 407. https://doi.org/10.20473/ydk.v35i2.16876.

[15]. Anyiwe, L. N., and E. O. Ekhator. 2013. “Developing Countries and the WTO Dispute Resolution System: A Legal Assessment and Review.” Journal of Sustainable Development Law and Policy (The) 2 (1): 121–38. https://doi.org/10.4314/jsdlp.v2i1.

[16]. Bohl, Kristin. 2009. “Problems of Developing Country Access to WTO Dispute Settlement.” Chicago-Kent Journal of International and Comparative Law 9 (1): 131. https://scholarship.kentlaw.iit.edu/ckjicl/vol9/iss1/4/.

[17]. Jackson, John H., and William J. Davey. 1986. “Legal Problems of International Economic Relations: Cases Materials and Text on the National and International Regulation of Transnational Economic Relations.” Deepblue.lib.umich.edu, deepblue.lib.umich.edu/handle/2027.42/100793.

[18]. NORDSTRÖM, HÅKAN, and GREGORY SHAFFER. 2008. “Access to Justice in the World Trade Organization: A Case for a Small Claims Procedure?” World Trade Review, vol. 7, no. 4, Oct. 2008, pp. 587–640, 10.1017/s1474745608003996.