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- W2345082315 abstract "Importance of focusing on the ‘use’ of the WTO The title of this chapter refers to the ‘use’ of the World Trade Organization (WTO). The intention is to emphasize the dispute settlement aspect of the WTO, as opposed to the rule-making aspect, which has always attracted more attention. When the media writes about the WTO, it is mostly about the Doha Round. The importance of rulemaking cannot be overemphasized. But the value of the WTO would be almost nil, if it did not have the dispute settlement mechanism to cope with the problems we face today. Indeed, compared to other international organizations, the WTO stands out for the effectiveness of its enforcement mechanism. The effectiveness of this enforcement mechanism is essential to ensure business support for the WTO. Although trade measures that can be subject to dispute settlement concern a wide variety of stakeholders, the one sector that will have the greatest incentive to ‘use’ the WTO is the business sector. This is natural if we consider that trade is part of the conduct of business. Whether small or large, business operations will be the first affected by any WTO-inconsistent measure. Therefore, an effective dispute settlement system is key to maintaining support for the WTO among business. This is why it is important to focus on the ‘use’ of the WTO and the linkage between business and the WTO as a goal in itself." @default.
- W2345082315 created "2016-06-24" @default.
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- W2345082315 date "2012-03-05" @default.
- W2345082315 modified "2023-09-26" @default.
- W2345082315 title "Japan's approach to the ‘use’ of the WTO: how can we achieve an effective link between business and the WTO?" @default.
- W2345082315 doi "https://doi.org/10.1017/cbo9781139162067.016" @default.
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