Overview
- Outlines why and when governments comply with the rulings of the World Trade Organization
- Examines how the growth of global value chains has increased timely compliance
- Suggests implications for future policy-making in international trade
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About this book
As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO—the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests—i.e. firms and sectors—mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author’s innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.
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Keywords
Table of contents (5 chapters)
Authors and Affiliations
About the author
Aydin Baris Yildirim is a Marie Skłodowska-Curie Fellow at the World Trade Institute, Bern, Switzerland.
Bibliographic Information
Book Title: Value Chains and WTO Disputes
Book Subtitle: Compliance at the dispute settlement mechanism
Authors: Aydin Baris Yildirim
DOI: https://doi.org/10.1007/978-3-030-49094-2
Publisher: Palgrave Macmillan Cham
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-49093-5Published: 02 July 2020
eBook ISBN: 978-3-030-49094-2Published: 01 July 2020
Edition Number: 1
Number of Pages: XIII, 163
Number of Illustrations: 6 b/w illustrations, 6 illustrations in colour
Topics: Public Policy, International Political Economy, International Economic Law, Trade Law