WTO | News items - WTO issues call for papers for Essay Award for Young Economists
This cumulative dissertation consists of five self-contained essays, all o which are closely focused around issues that concern the WTO dispute settlement mechanism DSM. In Essay 1, we describe salient features of the DSM using a unique data set. We observe a spike in new disputes in , which in turn led to an increasing number of panels and appeals.
This put the WTO under a heavy workload and delays soon became an issue.
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In Essay 2, we show that the DSM often appoint institutional in-siders to serve as judges. Furthermore, there is an incentive structure in place that encourage the WTO Secretariat to assume a larger role in writing panel reports and for panelists to let them. We observe that developing countries lose more claims when this provision is applied.
I formulate a model and show that this observation can be consistent with the presumed benefit of Art.
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Essay 4 ad-dresses the problem of delays by asking ourselves whether we can lessen the problem with a permanent panel. Sometimes, WTO members may cross-retaliate and apply trade sanctions to any aspect of the offending country's international trade.
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According to the ministerial declaration, Doha Round was meant to empower assistance to the developing countries. The terrorist attacks also informed its purpose. The Doha negotiations were supposed to curb the emergence of failed states through aiding the least developed countries so as to prevent terrorism.
The argument was that poor states have the potential of harboring international terrorists. The negotiations did not produce much but acrimony. An agreement was to be reached by December which never materialized leading to it being pushed back to April There was a major concern regarding the proposals which were laid.