Efficiency, equity, and legitimacy : the multilateral trading system at the millennium / Roger B. Porter, [et al] editors.

Format:

Book

Contributor:

Porter, Roger B.

Language:

English

Subjects (All):

Commercial policy.

International trade.

Foreign trade regulation.

Physical Description:

1 online resource (460 p.)

Edition:

1st ed.

Place of Publication:

Washington, DC : Brookings Institution Press, c2001.

Language Note:

English

Summary:

A Brookings Institution Press and the Center for Business and Government at Harvard University publication The multilateral trading system stands at a crossroads. Despite its widely acknowledged contribution to global prosperity over the past half century, the movement toward further liberalization has increasingly been challenged. These essays by leading scholars and trade officials honor Raymond Vernon, one of the architects of the international economic institutions established following the Second World War. The book examines several key issues at the heart of the debate over the multilateral trading system. What are the global efficiency gains from further liberalization? How can efficiency gains be maximized while respecting legitimate claims to sovereignty? Is the trading system affording an equitable distribution of benefits between countries and among various groups within societies? Does civil society have a role in the trading system? What role should the World Trade Organization and its dispute settlement procedures play in resolving disputes and enhancing legitimacy?.

Contents:

""Contents""; ""Preface""; ""Raymond Vernon""; ""PART I: Introduction and Overview""; ""1 Efficiency, Equity, and Legitimacy: The Global Trading System in the Twenty- First Century""; ""2 Dark Clouds over Geneva? The Troubled Prospects of the Multilateral Trading System""; ""3 A Rough Map of Challenges to the Multilateral Trading System at the Millennium""; ""4 After Seattle: Free Trade and the WTO""; ""5 A New Framework for Globalization""; ""PART II: Efficiency""; ""6 Assessing the Efficiency Gains from Further Liberalization""; ""7 “Efficient Protection� through WTO Rulemaking""

""Part Two Summary""""PART III: Equity""; ""8 Market Access for Developing Countries""; ""9 Who�s Afraid of Globalization? Domestic Adjustment in Europe and America""; ""10 Fostering Equity through International Institutions""; ""Part Three Summary""; ""PART IV: Legitimacy""; ""11 Legitimacy and Global Governance: Why Constitutionalizing the WTO Is a Step Too Far""; ""12 The Club Model of Multilateral Cooperation and Problems of Democratic Legitimacy""; ""13 Are the Judicial Organs of the World Trade Organization Overburdened?""

""14 The Rule of Lawyers and the Ethos of Diplomats: Reflections on WTO Dispute Settlement""""Part Four Summary""; ""PART V: Governance""; ""15 World Trade Organization: Institutional Design for Better Governance""; ""16 Governance of the Global Trading System""; ""Part Five Summary""; ""General Summary""; ""Contributors""; ""Index""

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

0-8157-9825-3

OCLC:

1132223087