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Revitalizing the World Trading System
REVITALIZING THE WORLD TRADING SYSTEM
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* Alan Wm. Wolff, Peterson Institute for International Economics (PIIE)
* Publisher: Cambridge University Press
* Online publication date: June 2023
* Print publication year: 2023
* Online ISBN: 9781009289290
* DOI: https://doi.org/10.1017/9781009289290
* Subjects: Economics, International Economics, Law, International Trade Law
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Revitalizing the World Trading System
* Alan Wm. Wolff
* Online ISBN: 9781009289290
* Book DOI: https://doi.org/10.1017/9781009289290
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Contents
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BOOK DESCRIPTION
In recent years, the world trading system has been confronted by a range of new
and developing challenges: the risk of climate change, the instability of the
digital economy, the ongoing impacts of COVID-19 and the threat of future
pandemics, to name but a few. In this book, veteran trade negotiator, Ambassador
Alan Wm. Wolff, draws from his years of experience at the World Trade
Organization to consider the history of trade, the current trading system and
how it should be reformed in the future. Offering a rare insight into the inner
workings of the WTO, Wolff is uniquely placed to identify deficiencies in the
current system and suggest actionable solutions. This essential guidebook to the
WTO equips readers with the tools and knowledge required to tackle to emerging
and emergent challenges of a global trading system.
REVIEWS
‘This book provides a wealth of new ideas. For some of the problems of the WTO,
Wolff offers solutions that have never been tried before or not even thought of.
His book provides guidance for a strategy that allows for gains and sacrifices
to overcome opposition. He shows new ways to overcome hitherto unsurmountable
obstacles.'
Karl Brauner - Former Deputy Director-General of the WTO, and Former Director
General for Trade in the Economics Ministry of Germany
‘The WTO, a vital pillar of global economic governance, remains in serious
trouble. Drawing upon decades of trade policy experience, Alan Wolff explains
why and, more importantly, what to do about it. This volume is essential reading
for senior trade policy officials, analysts, and students of the world trading
system.'
Simon J. Evenett - University of St. Gallen
‘Alan Wm. Wolff's book is comprehensive and insightful, drawing on his extensive
working experience inside and outside the GATT/WTO. He discusses with precision
and clarity the origins, evolution, substantive content, and day-to-day workings
of the WTO, and suggests ways of improving the workings of a troubled
institution. Overall, a valuable contribution.'
Patrick Low - Former Chief Economist of the WTO
‘This book is an essential reference for any trade enthusiast wishing to make a
positive contribution in the face of the many challenges confronting the
Multilateral Trading System. In a rapidly changing and increasingly complex
trade landscape, this book goes beyond addressing the future of the WTO and
looks at the WTO of the future.'
Hamid Mamdouh - Former Director, Services and Investment Division of the WTO,
and Former Egyptian Delegate to the GATT
*
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CONTENTS
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Contents
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* REVITALIZING THE WORLD TRADING SYSTEM
PP I-II
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Select Revitalizing the World Trading System - Title page
* REVITALIZING THE WORLD TRADING SYSTEM - TITLE PAGE
PP III-III
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* COPYRIGHT PAGE
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* DEDICATION
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* CONTENTS
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* FOREWORD
PP XVII-XX
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Select Introduction
* INTRODUCTION
PP 1-6
* Saving the World Trading System
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Select Part I - Why Trade?
* PART I - WHY TRADE?
PP 7-18
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Select 1 - The Origins of Trade
* 1 - THE ORIGINS OF TRADE
PP 9-18
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* PART II - THE MULTILATERAL TRADING SYSTEM
PP 19-184
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* 2 - THE FOUNDING OF THE MULTILATERAL TRADING SYSTEM
PP 21-34
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Select 3 - Core Elements of the World Trading System
* 3 - CORE ELEMENTS OF THE WORLD TRADING SYSTEM
PP 35-51
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Select 4 - Twenty Values of the Multilateral Trading System
* 4 - TWENTY VALUES OF THE MULTILATERAL TRADING SYSTEM
PP 52-82
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Select 5 - A Brief History of the WTO as Told to Us by Its Ministerial
Conferences
* 5 - A BRIEF HISTORY OF THE WTO AS TOLD TO US BY ITS MINISTERIAL CONFERENCES
PP 83-184
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Select Part III - The Regular Operations of the WTO
* PART III - THE REGULAR OPERATIONS OF THE WTO
PP 185-232
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Select 6 - A Week at the WTO
* 6 - A WEEK AT THE WTO
PP 187-232
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Select Part IV - Major Substantive Topics
* PART IV - MAJOR SUBSTANTIVE TOPICS
PP 233-356
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Select 7 - Dispute Settlement at the WTO
* 7 - DISPUTE SETTLEMENT AT THE WTO
PP 235-255
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Select 8 - Agriculture
* 8 - AGRICULTURE
PP 256-281
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Select 9 - Services
* 9 - SERVICES
PP 282-294
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Select 10 - E-Commerce
* 10 - E-COMMERCE
PP 295-326
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Select 11 - Development at the WTO
* 11 - DEVELOPMENT AT THE WTO
PP 327-356
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Select Part V - World Trade Governance and Systemic Reform
* PART V - WORLD TRADE GOVERNANCE AND SYSTEMIC REFORM
PP 357-500
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Select 12 - The Problem of Governance of the Multilateral Trading System
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PP 359-381
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Select 13 - The Need for WTO Reform
* 13 - THE NEED FOR WTO REFORM
PP 382-387
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Select 14 - WTO 2025: WTO Reform
* 14 - WTO 2025: WTO REFORM
PP 388-500
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* PART VI - CONCLUSION
PP 501-523
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* 15 - CONCLUSION
PP 503-523
* The Future of the WTO
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