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Trends of Trade Disputes During the WTO Regime

Author

Listed:
  • Ziaul Abedin

    (Shiga University, Japan)

  • Mohammad Ali Tareq

    (American International University Bangladesh (AIUB))

Abstract

Patterns and trends of trade disputes reveal vital information about the users of the Dispute Settlement Understanding (DSU) of the World Trade Organization (WTO). Despite WTO has detailed guidelines regarding how the multilateral trade should be practiced by the Member Countries, the DSU is the ultimate Agreement that promises fair justice against unfair trade practices. Analyses of trade disputes show that the developed countries use the Dispute Settlement Mechanism (DSM) more than the developing or the newly industrialized countries. The rate of participation of the least-developed countries (LDC) in the dispute settlement process is particularly very low. The direction of disputes shows that the disputes are mostly targeted to the developed countries. All categories of countries- i.e. developed, developing, newly industrialized and transitional economies- lodged disputes against the developed countries more frequently compared to the disputes they lodged against other categories of countries. This indicates that developed countries are targeted in the trade disputes. However, the rate of winning disputes for the developed countries is also higher than those of the other categories. This indicates that despite the developed countries are targeted in the disputes, they manage to survive quite successfully.

Suggested Citation

  • Ziaul Abedin & Mohammad Ali Tareq, 2008. "Trends of Trade Disputes During the WTO Regime," AIUB Bus Econ Working Paper Series AIUB-BUS-ECON-2008-04, American International University-Bangladesh (AIUB), Office of Research and Publications (ORP), revised Jan 2008.
    • Handle: RePEc:aiu:abewps:04
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    References listed on IDEAS

    as
    1. Dennis Browne, 2005. "Dispute Settlement in the WTO: How Friendly Is It for the LDC," CPD Working Paper 45, Centre for Policy Dialogue (CPD).
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    5. Horn, Henrik & Mavroidis, Petros C & Nordström, Håkan, 1999. "Is The Use Of The WTO Dispute Settlement System Biased?," CEPR Discussion Papers 2340, C.E.P.R. Discussion Papers.
    Full references (including those not matched with items on IDEAS)

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