IWTO Legal Reform: The Need for Revisiting the Treatment Accorded to China as a Non-Market...

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  • Títol: IWTO Legal Reform: The Need for Revisiting the Treatment Accorded to China as a Non-Market Economy in Trade Remedies
  • Autor: Ramírez Martínez, Luis Carlos
  • Publicació original: Journal of World Trade 54, 2020
  • Descripció física: PDF
  • Nota general:
    • China
  • Notes de reproducció original: Digitalización realizada por la Biblioteca Virtual del Banco de la República (Colombia)
  • Notes:
    • Resum: Abstract: The case of China’s non-market economy treatment at the WTO might be the typical case where (economic) reality out does (legal) theory or, perhaps, expectations. By 2001, when the WTO let China in, its Protocol of Accession (PoA) included special trade remedies provisions regarding China’s economic model. Today, China and other members fight fiercely at WTO, and elsewhere, over the validity and scope of some PoA’s expired rules that set out the commitments by which – arguably – China was expected to be come a market economy by December 2016. Aimed at contributing to the debate, this article analyses and thus proposes elements for a reform to the WTO’s trade remedies legal framework, so as to solve those conflicts by means of multilateral negotiations in lieu of complex judicial adjudications. Negotiation is hence suggested as the most legitimate, pragmatic, and long-lasting means to ensure the preservation of the trade remedies mechanism. Otherwise, the use of de facto measures, coupled with increasing bilateral disputes, shall steadily undermine its creditworthiness.
    • © Derechos reservados del autor
    • Colfuturo
  • Forma/gènere: text
  • Idioma: castellano
  • Institució origen: Biblioteca Virtual del Banco de la República
  • Encapçalament de matèria:

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