This brief discusses the implications of the recent WTO reform efforts led by leading economies and provides a guideline for Korea's multilateral trade policy under fast-changing global economic environment. In particular, the following three areas are of interest in this brief. First, the...

How do decisions of the World Trade Organization (WTO) Dispute Settlement Body (DSB) relate to economic/trade gains? This is an important question to consider when evaluating the efficacy of the WTO DSB. Although it may seem obvious that a successful dispute resolution through the DSB would...