IDEAS home Printed from https://ideas.repec.org/h/eme/fegzzz/s1574-8715(2009)0000006015.html
   My bibliography  Save this book chapter

Chapter 12 Trade Dispute Diversion: The Economics of Conflicting Dispute Settlement Procedures between Regional Trade Agreements and the WTO

In: Trade Disputes and the Dispute Settlement Understanding of the WTO: An Interdisciplinary Assessment

Author

Listed:
  • James H. Cassing

Abstract

A somewhat underappreciated aspect of the burgeoning rush to regional trade agreements (RTAs) is a discrepancy between the dispute settlement procedure (DSP) embodied in the original World Trade Organization (WTO) Dispute Settlement Understanding (DSU) and that found in the language of many RTAs. This chapter explores the issue in the context of a dynamic repeated game of trade agreements. As is well known, the institutional alternatives available in negotiating multilateral freer trade agreements – regional agreements, side agreements, trade dispute settlement punishments, and so on – can proscribe the limits and shape the nature of self-enforcing trade agreements. Here, we suggest the extent to which deviations from the WTO DSP embodied in RTAs – for example, “private interest access,” “third party procedures,” and “choice of forum” – can not only work against the interests of “weaker parties” but furthermore undermine multilateral agreements closer to free trade.

Suggested Citation

  • James H. Cassing, 2009. "Chapter 12 Trade Dispute Diversion: The Economics of Conflicting Dispute Settlement Procedures between Regional Trade Agreements and the WTO," Frontiers of Economics and Globalization, in: Trade Disputes and the Dispute Settlement Understanding of the WTO: An Interdisciplinary Assessment, pages 303-330, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:fegzzz:s1574-8715(2009)0000006015
    DOI: 10.1108/S1574-8715(2009)0000006015
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1574-8715(2009)0000006015/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1574-8715(2009)0000006015/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S1574-8715(2009)0000006015
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1574-8715(2009)0000006015/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/S1574-8715(2009)0000006015?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:fegzzz:s1574-8715(2009)0000006015. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.