Reclaiming Development in the World Trading System

In this second edition, Lee provides extensive coverage of international trade law from an economic development perspective.

Yong-Shik Lee (Author)

9781107491571, Cambridge University Press

Paperback / softback, published 14 June 2018

517 pages, 3 b/w illus. 5 tables
23 x 15.3 x 3 cm, 0.8 kg

'As Professor Lee explains, this extensively revised edition is 'written for those who wish to study international trade law from the perspective of economic development'. Professor Lee once again explains the WTO's regulatory framework and its shortcomings for developing countries, particularly for the more than 40 least developed countries that are World Trade Organization (WTO) members, and the corresponding drawbacks of the WTO system as a positive force for economic development. As with the first edition, the work is required reading for anyone, lawyer, academic, economist, public policy official, or non-governmental organization (NGO) member, whose interests lie in the broad intersection of law and development.' David A. Gantz, Journal of International Economic Law

Providing extensive coverage of international trade law from an economic development perspective, this second edition of Reclaiming Development in the World Trading System offers discussion of key principles of international trade law, trade measures, trade and development issues, and regulatory reform. Including such topics as the most-favored-nation principle, national treatment, and tariff binding, Lee also offers insightful analysis into new areas pertaining to agriculture and textile, trade-related investment, intellectual property rights, and trade in services. Looking at trade and development issues in Asia, Africa, and Latin America, as well as microtrade, an innovative international trade system designed to relieve the absolute poverty of least-developed countries, this book is essential reading that gives context to development interests and advances specific regulatory and institutional reform proposals. Lee lends insight into these topics with case analysis exemplifying how our trading systems have been adopted by the developing world in order to foster their own economic development.

Part I. International Trade Law: From the Perspective of Economic Development: 1. Introduction: trade, trade rules, and economic development
2. Principles of international trade law
3. Tariffs and subsidies
4. Trade remedies: anti-dumping and safeguards
5. 'Expansion' of trade disciplines and development
6. Regional trade liberalization
7. Rules of origin, government procurement, non-tariff barriers, and exceptions
8. WTO dispute settlement mechanism
9. Reforming the world trading system
Part II. Regional Trade and Development Cases: 10. Trade and development in Asia
11. Trade and development in Africa
12. Trade and development in Latin America
13. Trade and development for LDCs: microtrade
14. Conclusion: putting back the ladder.

Subject Areas: International economic & trade law [LBBM]