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GATT-1947: A Living Legend Fostering International Trade

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Abstract

The rounds of GATT/WTO negotiations are often where emphasis is placed for progress on the liberalization of international trade. Given the last successful round was completed in 1994 and the Doha negotiations have been stalled in 2008-2009, the prognosis for further liberalization is often gloomy. While WTO negotiation rounds have been an important facet of liberalization, other aspects of the multilateral trade architecture are also important in fostering trade liberalization - but are often overlooked. These institutional arrangements stem from the original GATT-1947 but remain intact. It is argued that the institutional arrangements for (1) non-discrimination. (2) recontracting and (3) accession also foster liberalization. These institutional arrangements are explained in the context of progress on international trade liberalization.

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  • Kerr, W.A., 2010. "GATT-1947: A Living Legend Fostering International Trade," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 11(1), June.
    • Handle: RePEc:ags:ecjilt:272582
    DOI: 10.22004/ag.econ.272582
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    1. Kerr, William A., 2002. "NAFTA and Beyond: Challenges for Extending Free Trade in the Hemisphere," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 3(2), pages 1-15.
    2. Anonymous, 1947. "Economic and Social Council," International Organization, Cambridge University Press, vol. 1(1), pages 103-115, February.
    3. Kerr, William A., 2002. "A Club No More - The WTO after Doha," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 3(1), pages 1-9.
    4. Anonymous, 1947. "Economic and Social Council," International Organization, Cambridge University Press, vol. 1(3), pages 509-511, September.
    5. Kerr, William A., 2007. "Too Smart for Their Own Good! Complexity, Capacity and Credence in Trade Negotiations," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 8(2), pages 1-14.
    6. Kerr, William A. & Hobbs, Anna L., 2001. "Taming the Dragon: The WTO After the Accession of China," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(1), pages 1-9.
    7. Anonymous, 1947. "Economic and Social Council," International Organization, Cambridge University Press, vol. 1(2), pages 334-341, June.
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