Dispute Settlement Mechanism in WTO - least Developed Countries' Perspective
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Date
2008
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Publisher
Addis Ababa
Abstract
This paper aspires to examine the dispute settlement system of the
World Trade Organization from the perspective of Least developed
Member Countries.
The WTO dispute settlement Mechanism (DSM) hailed by many as
one of the innovations of WTO and a truly successful aspect of the
Organization, is considered to be one of the major, if not the only
advantage WTO offers to its Members.
However, LDC Members of the WTO have never been to enjoy this
advantage.
In this paper, we will attempt to address this issue starting from its
historical background, going through the possible causes of the non-
utilization, to suggestion regarding how to change the situation.
Because of absence of track record regarding LDCs' experience in
WTO dispute settlement mechanism the paper is forced to r ely on few
available sources and forced to m a ke a somehow higher dose of forecast,
bordering on purely theoretical discussion.
Finally, the paper will attempt to make some remarks and
Suggestions to reform the system so as to make it effectively accommodate LDCs.