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Making Wto Remedies Work For Developing Nations: The Need For Class Actions, Phoenix X. Cai
Making Wto Remedies Work For Developing Nations: The Need For Class Actions, Phoenix X. Cai
Phoenix X. Cai
Making WTO Remedies Work for Developing Nations: The Need for Class Actions
Abstract
Developing nations comprise more than four-fifths of the membership of the World Trade Organization (“WTO”). Yet, they seldom participate in the WTO’s powerful dispute settlement process. This is problematic because the WTO is essentially a self-enforcing system of reciprocal trade rights that relies on proactive monitoring and enforcement by all members. Use of the self-enforcement mechanism – by initiating cases under the WTO’s Dispute Settlement Understanding (“DSU”) - is critical.
There are five primary reasons why developing nations do not actively invoke the DSU. This Article argues …