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WTO trade policy review for Switzerland: In need for a new paradigm.
WTO trade policy review for Switzerland: In need for a new paradigm.
- Source :
- World Economy; Dec2018, Vol. 41 Issue 12, p3524-3535, 12p, 4 Graphs
- Publication Year :
- 2018
-
Abstract
- This paper argues that the World Trade Organization (WTO) and one of its important instruments, Trade Policy Review (TPR), should refocus on what they were created for: trade policy. This strategy is shown to be wellâfounded in international trade theory. In contrast, the TPR 2017 on Switzerland and Liechtenstein deals with a large number of policies that are not or only indirectly related to international trade, but lie at the core of a country's selfâidentification and sovereignty. It is concluded that the world trade system would gain in political support and thus benefit if countries were limited in their interference at the border, but enjoyed more freedom in their national policies. [ABSTRACT FROM AUTHOR]
- Subjects :
- COMMERCIAL policy
INTERNATIONAL trade
Subjects
Details
- Language :
- English
- ISSN :
- 03785920
- Volume :
- 41
- Issue :
- 12
- Database :
- Complementary Index
- Journal :
- World Economy
- Publication Type :
- Academic Journal
- Accession number :
- 133603903
- Full Text :
- https://doi.org/10.1111/twec.12737