Facilitating economic development of developing countries has become an important agenda in the world trading system today. The growing gaps and disagreements between developed and developing countries on the issues of trade and development has been an important cause of the suspension of the...

The paper provides a detailed analysis of the current U.S. - Korea free trade agreement (FTA) negotiations. The currently negotiated U.S. - Korean FTA may offer a legal framework for economic integration between the United States and Korea in the sense that the FTA attempts to bring Korea's...

Poverty remains a serious global issue, and nearly half of the world's populations are still living below the poverty line. International trade has been a vehicle for successful economic development for some developing economies in East Asia, including South Korea, Taiwan, Hong Kong, Singapore,...

"Safeguard measures" or "safeguards" refer to emergency import restrictions applied to prevent or remedy serious injury to domestic industry caused by rapid increases in imports. The WTO Agreement on Safeguards and Article XIX of the GATT regulates the application of safeguard measures. Unlike...

Promotion of foreign direct investment (FDI) and trade liberalization on both global and regional levels has been considered to be beneficial for the economic development of developing countries. Current WTO rules support regional trade liberalization and prohibit certain trade-related...

While the objectives of the World Trade Organization include promotion of economic development for developing countries, Current trade rules impede development interests significantly by depriving developing countries of the ability to adopt effective development policies. This problem is...

On 5 September 2011, the WTO issued the Appellate Body report for the first WTO case on a transitional product-specific safeguard measure, United States – Measures Affecting Imports of Certain Passenger Vehicle and Light Truck Tyres from China (U.S. − Tyres). Transitional product-specific...

The U.S. Steel Safeguard case, which was concluded in 2003, is one of the most significant WTO dispute cases in terms of the importance of affected trade and the number of major trading nations involved in the dispute. It was a serious test of multilateralism in international trade which could...

For decades, scholars in law and development have studied interactions and dynamics among institutions, legal rules, and development. However, a comprehensive analytical framework in law and development, one which assesses the impact of law, legal frameworks, and institutions (LFIs) on economic...