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Trade Policy: towards a New Concept of Fairness

In: Economic Policy for a Social Europe

Author

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  • Jörg Huffschmid

    (University of Bremen)

Abstract

Redesigning European trade policy is essentially a question of defining a new orientation for the WTO. In this new conception the WTO would become more democratic, more respectful of fundamental rights, and would treat subjects with a more differentiated approach: taking into account specific national situations and levels of development. In this perspective new negotiation lines could be drawn between both developing and other industrialized countries. The Dispute Settlement Body (DSB)’s functioning would be completely overhauled, which would have important implications in two sectoral matters: the agriculture policy, which has already been analysed, and the services with the General Agreement on Trade in Services (GATS).

Suggested Citation

  • Jörg Huffschmid, 2005. "Trade Policy: towards a New Concept of Fairness," Palgrave Macmillan Books, in: Jörg Huffschmid (ed.), Economic Policy for a Social Europe, chapter 24, pages 288-293, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52339-5_24
    DOI: 10.1057/9780230523395_24
    as

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