Book contents
- International Economic Dispute Settlement
- International Economic Dispute Settlement
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- Abbreviations
- 1 Introduction
- 2 Contracting v. Multilateralism in Global Economic Governance
- Part I Current Challenges in International Trade Dispute Settlement
- Part II Current Challenges in International Investment Dispute Settlement
- Part III New Issue Areas and Dispute Settlement
- 11 The Politics of Renewables: Lessons for International Economic Dispute Settlement from Renewable Energy Disputes
- 12 International Economic Dispute Settlement and Digital Trade in Services – Useful Multilateral Principles for the Emerging Global Regulatory Landscape?
- 13 Trade’s Experimental Compliance Mechanisms
- Part IV Regional Approaches for International Economic Dispute Settlement
- Index
- References
13 - Trade’s Experimental Compliance Mechanisms
from Part III - New Issue Areas and Dispute Settlement
Published online by Cambridge University Press: 07 August 2021
- International Economic Dispute Settlement
- International Economic Dispute Settlement
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- Abbreviations
- 1 Introduction
- 2 Contracting v. Multilateralism in Global Economic Governance
- Part I Current Challenges in International Trade Dispute Settlement
- Part II Current Challenges in International Investment Dispute Settlement
- Part III New Issue Areas and Dispute Settlement
- 11 The Politics of Renewables: Lessons for International Economic Dispute Settlement from Renewable Energy Disputes
- 12 International Economic Dispute Settlement and Digital Trade in Services – Useful Multilateral Principles for the Emerging Global Regulatory Landscape?
- 13 Trade’s Experimental Compliance Mechanisms
- Part IV Regional Approaches for International Economic Dispute Settlement
- Index
- References
Summary
Commentators have heralded the widespread agreement among states to permit the monitoring and enforcement of trade rules through third-party dispute settlement as a major milestone not just in the development of international trade law but in the development of international law more generally. The creation of multilateral rules on trade was itself an achievement but the compliance methodology that sought to ensure that states would uphold their commitments was an even greater triumph for a rule-based international system. In light of this accomplishment by governments to agree to such terms, much of the literature of the 1990s praised the institutionalization of trade law with these mechanisms incorporated and subsequent developments in international trade dispute settlement design (Jackson 1997; Schott 1994; Steger and Hainsworth 1998; Thomas and Meyer 1997). At the forefront of these developments was the dispute settlement mechanism of the World Trade Organization (WTO). Scholars viewed the WTO as a model not only in the substance of its foundational agreements, but also in its institutions with committees for dialogue among members and a dispute settlement mechanism premised on democratic norms and the rule of law (Alford 2013; Hamilton and Rochwerger 2005; Katz 2016; Manak 2019; Sarooshi 2014).
- Type
- Chapter
- Information
- International Economic Dispute SettlementDemise or Transformation?, pp. 350 - 370Publisher: Cambridge University PressPrint publication year: 2021
References
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