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The Role Of Lawyers In The World Trade Organization, Peter D. Ehrenhaft
The Role Of Lawyers In The World Trade Organization, Peter D. Ehrenhaft
Vanderbilt Journal of Transnational Law
The World Trade Organization is a marvelously ambitious effort of now 140 countries to bring the rule of law to international trade. The WTO is a logical extension of the inspired ideas of the draftsmen of the General Agreement on Tariffs and Trade (GATT), who recognized at the end of World War II that the seeds of that conflagration were sown, in part, by the chaotic condition of international trade following World War I.
During that inter-war period, the United States adopted its Antidumping Act of 1921 and its Smoot-Hawley Tariff Act of 1930. Both survive to this day. By …
The Developing World In The New Millennium: International Finance, Development, And Beyond, Rurnu Sarkar
The Developing World In The New Millennium: International Finance, Development, And Beyond, Rurnu Sarkar
Vanderbilt Journal of Transnational Law
Former Treasury Secretary Lawrence Summers once commented that the end of the Cold War was the second most interesting story of the past two decades. According to him, the most compelling story during that time was the emergence of global capital markets.' This viewpoint heralds a subtle sea change that signals the beginning of a newly formed international consensus. Making a successful transition from being a "developing nation" to being an "emerging capital market" is now the most serious challenge facing the developing world today.
Trade relations and capital investments are now being rationalized in a new international economic order …