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Institutional Aspects of the World Trade Organization's Functioning

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  • Michał Kruszka

Abstract

The main objective of the paper was to analyze the institutional aspects of the functioning of the World Trade Organization. To this end, the structure of the 1994 WTO Agreement, the Organization's tasks, the principles of membership acquisition, as well as the organs and the decision-making rules of the WTO were presented. The WTO is (as opposed to GATT 1947) a fully structured international organization and its operation is of utmost importance for gradual abolition of restrictions on the global trade in goods, services and intellectual property rights. Thus, the knowledge of the WTO.s functioning principles is a factor substantially facilitating the understanding of the globalization process.

Suggested Citation

  • Michał Kruszka, 2004. "Institutional Aspects of the World Trade Organization's Functioning," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 12.
    • Handle: RePEc:eko:ekoeko:12_126
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    File URL: http://ekonomia.wne.uw.edu.pl/ekonomia/getFile/554
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    References listed on IDEAS

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    1. Rolf J. Langhammer & Matthias Lücke, 1999. "WTO Accession Issues," The World Economy, Wiley Blackwell, vol. 22(6), pages 837-873, August.
    2. Hoekman, Bernard, 2002. "Strengthening the global trade architecture for development," Policy Research Working Paper Series 2757, The World Bank.
    3. Mike Moore, 2000. "Reflections on the global trading system," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 163-167.
    4. Donald B. Keesing, 1998. "Improving Trade Policy Reviews in the World Trade Organization," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa52, April.
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