The Reform of the WTO's Appellate Body: An Economic Perspective

8 Pages Posted: 24 Sep 2021

See all articles by Sangjun Yea

Sangjun Yea

Korea Institute for International Economic Policy

Date Written: May 20, 2021

Abstract

Throughout this study, I consider some possible changes that may occur when the WTO’s AB is reformed based on the opinions stated by the US. Especially focusing on the issues of activist AB and its reviewing member countries’ domestic law, I conclude that banning the AB’s activist role may result in more opportunistic and inefficient policy choices on the part of member countries as to importing industries with less disputes cases. Regarding the latter issue, I argue that limiting the AB’s standard of review does not much change strategic decisions of member countries.

Suggested Citation

Yea, Sangjun, The Reform of the WTO's Appellate Body: An Economic Perspective (May 20, 2021). KIEP Research Paper, World Economy Brief 21-27, Available at SSRN: https://ssrn.com/abstract=3885433 or http://dx.doi.org/10.2139/ssrn.3885433

Sangjun Yea (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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