全球智库信息集成服务系统(G2TT): The Domestic Political-Economy of the WTO Crisis: Lessons for Preserving Multilateralism

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w27914
来源ID	Working Paper 27914
	The Domestic Political-Economy of the WTO Crisis: Lessons for Preserving Multilateralism
	Renee Bowen; J. Lawrence Broz
发表日期	2020-10-12
出版年	2020
语种	英语
摘要	A major contributor to the crisis at the World Trade Organization (WTO) is the decline in support for multilateralism in the United States. Three key problems with WTO design precipitated the decline. First, incomplete rules related to trade remedies are interpreted by the WTO’s Appellate Body (AB) in ways that conflict with a narrow set of sensitive US domestic priorities. Second, existing WTO rules do not sufficiently account for non-market economies, such as China. Third, remediation of these problems is infeasible due to consensus-based decision-making in the WTO. These problems represent more fundamental challenges induced by increased economic integration—loss of sovereignty and erosion of democracy. To alleviate these problems in multilateral agreements we suggest: 1) a narrow solution that carves out a special process for handling trade remedy disputes; 2) a broad solution that relaxes the requirement of consensus for WTO reform, adopting some form of supermajority voting or a sunset clause; 3) the reform of domestic consensus-building institutions within the US that directly address the political-economy sources of voter discontent.
主题	Other ; General, Teaching ; International Economics ; Trade ; Globalization and International Relations ; Public Economics ; Public Goods ; Law and Economics
URL	https://www.nber.org/papers/w27914
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/585588
推荐引用方式 GB/T 7714	Renee Bowen,J. Lawrence Broz. The Domestic Political-Economy of the WTO Crisis: Lessons for Preserving Multilateralism. 2020.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w27914.pdf（455KB）	智库出版物		限制开放	CC BY-NC-SA	浏览