The World Trade Organization: Theory and Practice

Author:

Bagwell Kyle1,Staiger Robert W.1

Affiliation:

1. Department of Economics, Stanford University, Stanford, California 94305, and NBER;,

Abstract

We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, the General Agreement on Tariffs and Trade (GATT), and review recent developments in the relevant theoretical and empirical literature. We describe the GATT/WTO architecture and briefly trace its historical antecedents. We suggest that the existing literature provides a useful framework for understanding and interpreting central features of the design and practice of the GATT/WTO, and we identify key unresolved issues.

Publisher

Annual Reviews

Subject

Economics and Econometrics

Cited by 33 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. A World Trading System for the Twenty-First Century;OHLIN LECT SER;2022-12-20

2. Trade Policy Implications of a Changing World: Tariffs and Market Power;Applied Economics Letters;2022-11-23

3. Self-enforcing trade policy and exchange rate adjustment;Journal of International Economics;2022-01

4. China's Trade Retaliation: Factuals vs. Counterfactuals;SSRN Electronic Journal;2022

5. Multilateral Trade Bargaining: A First Look at the GATT Bargaining Records;American Economic Journal: Applied Economics;2020-07-01

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