Emergency Action by the WTO Director-General: Global Administrative Law and the WTO's Initial Response to the 2008-09 Financial Crisis

International Organizations Law Review, Vol. 6, pp. 499-512, 2009

14 Pages Posted: 31 Aug 2010

See all articles by Joost Pauwelyn

Joost Pauwelyn

Graduate Institute of International and Development Studies (IHEID); Georgetown University Law Centre

Ayelet Berman

Centre for International Law, National University of Singapore

Date Written: November 2, 2009

Abstract

The WTO's initial reaction to the 2008-2009 financial crisis was taken mainly by its managerial arm, that is, by the Director-General (DG) and the Secretariat and not by its legislative or judicial bodies. This is a novelty for the WTO and illustrates the emergence, even at the otherwise hard-law WTO, of informal administrative actions that go beyond the traditional member-dominated WTO. The actions were in two areas: The DG convened trade finance expert meetings with other organizations and private banks, and the Secretariat prepared reports on trade-related measures enacted across the globe in response to the crisis. The article examines these actions in light of certain concepts and principles of the GAL project. Overall, the Director-General was sensitive in his actions to GAL principles.

Keywords: WTO Director-General, WTO Secretariat, Financial Crisis, Emergency, Trade Finance, Global Administrative Law

Suggested Citation

Pauwelyn, Joost and Berman, Ayelet, Emergency Action by the WTO Director-General: Global Administrative Law and the WTO's Initial Response to the 2008-09 Financial Crisis (November 2, 2009). International Organizations Law Review, Vol. 6, pp. 499-512, 2009, Available at SSRN: https://ssrn.com/abstract=1669287

Joost Pauwelyn (Contact Author)

Graduate Institute of International and Development Studies (IHEID) ( email )

PO Box 136
Geneva, Geneva CH-1211
Switzerland

HOME PAGE: http://graduateinstitute.ch

Georgetown University Law Centre ( email )

600 New Jersey Avenue, NW
Washington, DC 20001
United States

Ayelet Berman

Centre for International Law, National University of Singapore ( email )

469A Bukhit Timah Road
Singapore, 259770
Singapore
+65- 97599661 (Phone)

HOME PAGE: http://https://cil.nus.edu.sg/about-2/research-staff/ayelet-berman/

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
121
Abstract Views
1,151
rank
255,845
PlumX Metrics