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Korea In The Gatt/Wto Dispute Settlement System: Legal Battle For Economic Development

In: The Legal and Economic Analysis of the WTO/FTA System

Author

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  • Dukgeun Ahn

Abstract

Korea's economic development saga, which amazed economists and policy-makers, has been filled with numerous trade disputes with its major trading partners. Despite the prevalence of such bilateral trade disputes, Korea had shown unequivocal resistance to resorting to the multilateral dispute settlement forum under the GATT system. Since the inception of the WTO, however, Korea has dramatically changed its attitude toward trade dispute settlement. The Korean experience of trade dispute settlement, therefore, seems a salient example of how the newly augmented system under the WTO is perceived and how it has been effectively utilized by average WTO Member countries in order to address international trade problems.

Suggested Citation

  • Dukgeun Ahn, 2016. "Korea In The Gatt/Wto Dispute Settlement System: Legal Battle For Economic Development," World Scientific Book Chapters, in: The Legal and Economic Analysis of the WTO/FTA System, chapter 2, pages 31-67, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814704359_0002
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    More about this item

    Keywords

    World Trade Organization; Trade Remedy; Dispute Settlement; Free Trade Agreement;
    All these keywords.

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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