WTO DECISION-MAKING PROCESSES: MULTILATERALISM VERSUS REGOINALISM

This book is very useful for those who want to know what the World Trade Organization is all about. It provides a third world country's view of international organizations in general and economic international organization in partucular. The author adopted a new approach and angle in analyzing the collective decision-making process of World Trade Organization by constructing a four-element test (Inclusiveness-Efficiency- Transparency-Fairness). He successfully managed to pin down the main faults and paradoxes of the World Trade Organization's institutional process namely the decision-making processes both formal and informal. The author also, with great level of success, managed to tackle this complex issue by putting forward a rather novel proposition suggesting that regionalism and multilateralism are two complementary rather than conflicting concepts. He argues that regional arrangements has a constructive role to play in the multilateral trading system and the world Trade Organization can benefit from regional organization by including them into its decision-making process and institutions.

Autorentext

Dr. Nasser A. BinGhaith, is Lawyer and Economist specialized in International Trade and Economic Blocs, Nasser believes that the World Trade Organization with its current decision-making processes will not be able to establish a sustainable rule-based world trading system necessary for international peace and security