The World Trade Organization and the Environment

By P. K. Rao | Go to book overview

Climate Change (IPCC), UNEP, FAO, and other internationally recognized scientific institutions will be a useful additional input into the decision making processes in the WTO systems. It is not entirely valid to maintain that any in-depth assessment would mean duplication of work of other institutions in the international network; none of these have a comparable charter and multilateral obligations to fulfil, and most do not have an active an active (or in principle active, as per the charter) membership role in formulating policies. This feature should be utilized as a strength for the institution and its effectiveness. Cooperation with institutions like the World Bank and IMF is desirable, but their mandate is entirely different. There are no 'client states' and shareholders for the WTO, but the business of the financial institutions is in terms of its clientele and shareholders. The issue of accountability is thus divergent as well. The WTO has a unique opportunity to contribute harmonious and sustainable development of the global systems. A recognition and contribution in this direction is a reasonable expectation for the WTO to fulfil.


References

Baumol, W. J., J. C. Panzar and R. D. Willig ( 1982) Contestable Markets and the Theory of Industry Structure, New York: Harcourt Brace Jovanovich.

Hope, E. and P. Maeleng (eds) ( 1998) Competition and Trade Policies — Coherence or Conflict?, New York: Routledge.

Immenga, U. ( 1998) "Basic principles for an international antitrust code", in Hope, E., and P. Maeleng (1998), pp. 46-56.

Kane, H. ( 1993) "Managing through prices, managing despite prices", in Zaelke et al. (1993), pp. 57-67.

Samuelson, P. A. ( 1962) "The gains from international trade once gain", Economic Journal, 72, 820-9.

Thrupp, L. A. ( 1995) Bitter Harvests for Global Supermarkets — Challenges in Latin America's Agricultural Export Boom, World Resources Institute (1999), p. 43.

World Resources Institute ( 1999) World Resources 1998-99, New York: Oxford University Press.

Zaelke, D., R. E Housman, and P. Orbuch (eds) ( 1993) Trade and the Environment, Washington, DC: Island Press.

Zampetti, A. and P. Sauve ( 1996) "Onwards to Singapore — The international contestability of markets and the new trade agenda", The World Economy, 19. 3, 333-44.

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The World Trade Organization and the Environment
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • List of Figures x
  • List of Boxes xi
  • Preface and Acknowledgements xiii
  • List of Abbreviations xv
  • Part I - Background 1
  • 1 - Global Trade Regimes 3
  • 1.5 - Concluding Observations 25
  • Appendix II - Gatt 1994 26
  • Appendix III - Regional Trade Regimes 27
  • References 28
  • 2 - Trade, Environment and Development 31
  • References 52
  • 3 - Multilateral Environmental Agreements 55
  • References 70
  • Part II - The World Trade Organization 73
  • 4 - Wto Articles of Agreement and Beyond 75
  • Appendix Ii: Wto Structure 90
  • Appendix Iii: Agreement on Tbt 91
  • References 93
  • 5 - Trade Policies and Environmental Provisions 95
  • Appendix I - Committee on Trade and Environment 114
  • Appendix II Extract of the Sps Agreement 115
  • References 117
  • 6 - Dispute Resolution Mechanisms 119
  • Appendix I - The Dispute Settlement Panel Process 132
  • Appendix II - Trade Disputes on Bananas 133
  • References 136
  • Part III - Policy Implications 139
  • 7 - International Trade and Environment: an Integration 141
  • References 162
  • 8 - New Role for the Wto 165
  • References 176
  • 9 - Towards a Better Future 177
  • References 181
  • Index 183
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