Value Chains and WTO Disputes

Value Chains and WTO Disputes PDF Author: Aydin Baris Yildirim
Publisher: Springer Nature
ISBN: 3030490947
Category : Political Science
Languages : en
Pages : 171

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Book Description
As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO—the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests—i.e. firms and sectors—mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author’s innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.

Value Chains and WTO Disputes

Value Chains and WTO Disputes PDF Author: Aydin Baris Yildirim
Publisher: Springer Nature
ISBN: 3030490947
Category : Political Science
Languages : en
Pages : 171

Get Book Here

Book Description
As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO—the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests—i.e. firms and sectors—mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author’s innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.

Value Chains and WTO Disputes

Value Chains and WTO Disputes PDF Author: Aydin Baris Yildirim
Publisher: Palgrave Macmillan
ISBN: 9783030490935
Category : Political Science
Languages : en
Pages : 163

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Book Description
As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO—the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests—i.e. firms and sectors—mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author’s innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.

Multinational Firms, Value Chains, and Trade Disputes

Multinational Firms, Value Chains, and Trade Disputes PDF Author: Aydin Yildirim
Publisher:
ISBN:
Category :
Languages : en
Pages : 27

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Book Description
In this paper we aim to explain World Trade Organization (WTO) members' decision to initiate a dispute at the WTO. Since many potential violations of WTO law remain unchallenged, we explore the conditions under which WTO members complain about only some allegedly WTO-incompatible policies, while leaving a large majority of them unchallenged. While there may be different reasons why governments choose to initiate certain disputes, we are especially interested in the relationship between potential and actual trade disputes on the one hand and the degree of integration into so-called global value chains (GVCs) on the other. We demonstrate that decision-makers are more likely to try and eliminate barriers to cross-border trade by tabling WTO complaints when facing pressures to do so by firms and sectors highly integrated into such GVCs. Potential complainants' policymakers act strategically when considering whether to initiate a formal dispute. Responding to demands of firms and sectors that are highly integrated in GVCs allows complainants' policymakers to secure the support of politically powerful domestic constituencies while simultaneously minimizing the administrative burdens and the potential negative externalities for bilateral diplomatic relations that a WTO dispute can bring about. We test our hypothesis by examining data from the US using a binomial logistic regression and Cox proportional hazard model and find that trade barriers are both more likely to be filed as disputes and quicker in being tabled at the WTO in sectors highly integrated into GVCs, while controlling for other factors.

Global Value Chains and the Political Economy of WTO Disputes

Global Value Chains and the Political Economy of WTO Disputes PDF Author: Soo Yeon Kim
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Global Value Chains in a Changing World

Global Value Chains in a Changing World PDF Author: Deborah Kay Elms
Publisher:
ISBN: 9789287038821
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek

Trade Patterns and Global Value Chains in East Asia

Trade Patterns and Global Value Chains in East Asia PDF Author: World Trade Organization
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

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Book Description


A Handbook on the WTO Dispute Settlement System

A Handbook on the WTO Dispute Settlement System PDF Author: World Trade Organization
Publisher: Cambridge University Press
ISBN: 1108417272
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
This handbook offers a detailed explanation of the rules and procedures of the WTO dispute settlement system.

Global Value Chain Development Report 2021

Global Value Chain Development Report 2021 PDF Author: Banque asiatique de développement
Publisher:
ISBN: 9789287054296
Category : Business logistics
Languages : en
Pages : 0

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Book Description
A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.

Geopolitics, Supply Chains, and International Relations in East Asia

Geopolitics, Supply Chains, and International Relations in East Asia PDF Author: Etel Solingen
Publisher: Cambridge University Press
ISBN: 110883356X
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

Measuring and Analyzing the Impact of GVCs on Economic Development

Measuring and Analyzing the Impact of GVCs on Economic Development PDF Author: World Trade Organization
Publisher: World Trade Organization
ISBN: 9789287041258
Category : Political Science
Languages : en
Pages : 0

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Book Description
This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.