The WTO and Global Governance: Future Directions

Overview
Sample Chapter
  • Edited Gary P. Sampson

    WTO and Global Governance
    PUBLICATION DATA:
    ISBN-10: 92-808-1154-1,
    ISBN-13: 978-92-808-1154-4
    LANGUAGE:
    English
    PAGES:
    280
    PUBLISHER:
    United Nations University Press
    PUBLISHED:
    September 2008

    The World Trade Organisation (WTO) is mandated by governments to achieve full employment, a steady growth in real income, and higher standards of living for its 150 plus member countries. It’s role is also to ensure the optimal use of the world’s resources in accordance with sustainable development. As a result, the WTO has greatly extended its reach into non-traditional areas of trade policy. This has taken place against the reality that the WTO is only part of a more global structure of international agreements with overlapping objectives and commitments, many of which now find their place on centre-stage at the WTO.

    These commitments serve to shape domestic policy choices and constitute a principal feature of global governance. The WTO has a principal role to play in determining the borderline between domestic policy choices and international commitments. While the extended reach of the WTO is lauded by some as one of the greatest achievements in international cooperation, others see it as anathema, and an encroachment on national sovereignty. The question which presents itself is: What should be the role of the WTO in global governance.

    This book contains a variety of views of prominent people – all influential in their respective areas of international affairs – as to the proper role of the WTO in global governance. It explores the policy implications of WTO trade related issues that overlap with other institutions, and proposes future policy directions that could ensure coherent and consistent policies at the national and international level.

    Gary P. Sampson is the John Gough Professor of International Trade at Melbourne Business School, Melbourne University, and Professor of International Economic Governance at the United Nations University Institute of Advanced Studies (UNU-IAS) in Yokohama, Japan.

    Table of contents

    Gary Sampson: “Overview”

    The bigger picture:

    • Pascal Lamy, (Director General, WTO): “The WTO’s contribution to Global Governance”
    • Sylvia Ostry (The Distinguished Research Fellow, Munk Centre for International Studies, University of Toronto)
    • Bert Koenders (Minister for Development Cooperation, Netherlands)

    Non trade related issues:

    • Dan Esty on Environment (Professor, Yale University)
    • Juan Somavia (Director General, International Labour Office): “Policy Coherence in the Global Governance of Trade and Employment”
    • Louise Arbour (UN High Commissioner for Human Rights)
    • Celso Amorim (Minister of Foreign Affairs, Brazil): “Patents of Pharmaceuticals and the Access to Medicines”

    Importance of development:

    • Supachai Panitchpakdi (Secretary General, UNCTAD)
    • Dani Rodrik (Professor, Kennedy School, Harvard University)
    • Patricia Francis (Executive Director, UN International Trade Commission (UNCTAD\WTO))
    • Ted Turner (UN Foundation, CNN etc.)

    Dispute settlement and governance:

    • Mitsuo Matsushita (Professor Emeritus of Law, University of Tokyo and founding member of the Appellate body)