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Free Lunches? WTO as Public Good, and the WTO's View of Public Goods

Bibliographic Data

ID12199705
AuthorsPetros C Mavroidis (European University Institute, corresponding author)
Year2012
Volume23
Issue3
Pages731-742
Publication date2012-08-01
Open AccessNo
TypeARTICLE
VenueEuropean Journal of International Law (JOURNAL)
Journal identifiersISSN: 0938-5428 • E-ISSN: 1464-3596
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/ejil/chs055
OpenAlexW1975038284
LanguageEN
Citations received2

The WTO can be viewed as a public good in that it provides a forum for negotiations which also produces the necessary legal framework to act as a support for agreed liberalization. To avoid any misunderstandings, in this article the discussion focuses on the WTO as a forum and a set of agreements, not on free trade. Since the legal agreements coming under its aegis are for good reasons incomplete, the WTO provides an additional public good by ‘completing’ the original contract through case law. The importance of this feature increases over time as tariffs are driven towards irrelevance. In turn, the WTO has no particular attitude towards public goods provided by its Members

Business · Economics · Free trade · Goods and services · International trade · Law and economics · Liberalization · Market economy · Microeconomics · Negotiation · Political science · Public good · World trade · World Trade Organization Law · Law

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Citations per year0.17
Citation span2014 - 2020 (7)
Highly citedNo

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