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Gregory C Shaffer

Comparative Law

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Who Decides? A Comparative Institutional Approach To International Trade Law, Gregory C. Shaffer Mar 2007

Who Decides? A Comparative Institutional Approach To International Trade Law, Gregory C. Shaffer

Gregory C Shaffer

ABSTRACT: WHO DECIDES?

A COMPARATIVE INSTITUTIONAL APPROACH TO INTERNATIONAL TRADE LAW

by Gregory Shaffer

Wing-Tat Lee Chair of International Law, Loyola University Chicago School of Law

This article has two core theses. First, as regards the issue of power in global governance, it maintains that meaningful policy choices need to be made from a comparative institutional analytic perspective since no governance mechanism provides for completely unbiased participation or representation of affected interests. All institutions are imperfect. Resource asymmetries are always present. Thus, while it is important to examine the role of power in global governance, a risk of choosing power …