안덕근 교수

Abstract Using bilateral trade data on WTO disputes from 1995 to 2010 within the framework of multilateral trade, this paper empirically investigates whether legally winning a WTO dispute leads to actual trade gains. This study helps to illuminate the efficacy of the WTO dispute settlement system and to understand the role of the system as an institutional device for promoting multilateral trade liberalization. Assessing differential effects of the WTO dispute settlement rulings and the legal st

Abstract Despite many legal rulings to clarify the WTO inconsistency of zeroing practices, in practically all aspects of antidumping proceedings, the United States declined to categorically rectify the illegal antidumping duties based on zeroing calculation methods. This dispute is merely example of a number of disputes where the US government had to exhaust the whole process for proper implementation of the WTO rulings under its domestic legal system. The US approach is starkly contrasted with

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Abstract WTO jurisprudence on what constitutes a ‘public body’ has provoked one of the most controversial debates on the legitimacy and integrity of the WTO dispute settlement system and the WTO in general. Dispute settlement panels and the Appellate Body disagree on the interpretation and application of the public body concept, especially when applied to Chinese SOEs. In fact, the interpretation of ‘public body’ in the WTO Agreement on Subsidies and Countervailing Measures tackles a more fundam

This article focuses on a less scrutinized aspect of the WTO dispute settlement system – non-litigated disputes. Legal rules concerning consultation and settlement during the panel proceedings are analysed with the case laws. We then propose, and empirically analyse, several key economic determinants of non-litigation in the WTO dispute settlement system that are motivated by the theory of bargaining with informational asymmetry. In particular, our logistic regressions show that a greater differ

Proliferating free trade agreements (FTAs) in recent years may have conflicting effects on anti-dumping (AD) uses among PTA parties. On the one hand, an FTA may increase a country's AD activities to protect its domestic industries from the increased import flows from other parties. On the other hand, an FTA supposedly helps reduce the use of AD measures to accomplish the purpose of free trade. Which effects prevail can shed important lights on the question of whether an FTA can be a stumbling bl

This editorial proposes three fundamental issues in the international economic field evoked by the US-China trade war. The first is the intensifying conflict between protectionism measures and the coherence with relevant global trade rules. The second is decoupling between the US and China and subsequent evolution in the global production network. The third is the digression in the trade flow between the US and China and the resulting change in innovative capabilities and manufacturing competiti

세계무역기구(WTO) 분쟁해결제도는 분쟁사안이 발생한 해당 산업이나 협정은 물론이고 필요한 경우 여타 협정의 영역으로까지 확대될 수 있는 교차보복(cross- retaliation)을 허용하고 있다. 이는 상품교역에 국한된 GATT 체제하에서의 보복조치가 GATT 협정 내에서만 허용되었던 점에 비해 WTO 분쟁해결제도의 주요한 특징 중 하나이다. 또한 WTO 체제하에서는 분쟁 승소국에 의한 무역보복조치의 시행이 현실화되어 있으며, 교차보복의 승인 사례도 증가하고 있는 실정이다. 보복조치의 시행에 대한 WTO 규정은 분쟁해결양해(DSU) 제22조에 규정되어 있다. 이 중 제22.3조는 보복조치의 시행과 관련한 일반적 원칙을 규정하고 있는데, 이에 의하면 제소국은 WTO 협정의무 위반 판정을 받은 것과 동일한 산업부문에 대해 보복조치를 부과하여야 하나, 동일한 산업부문에서의 보복조치 부과가 실행가능하거나 효과적이지 못한 경우에는 동일 협정상 여타 산업부문에 보복조치(산업간 교차보복)를

"The Legal and Economic Analysis of the WTO/FTA System presents a collation of interdisciplinary studies covering a wide range of issues from WTO dispute settlement issues to trade remedy systems and FTA negotiations. The author applies legal as well as economic rationales and methods to analyze core issues in the world trading system and in doing so, sheds an interesting light on various trade issues. The interdisciplinary analysis on WTO and FTA issues provides a unique opportunity to reconsid

세계무역체제는 지난 1995년 WTO의 출범과 함께 비약적으로 변화·발전하였다. 내부적으로는 회원국의 지속적인 확대로 구 공산권경제를 대폭 흡수하게 되었으며 개발도상국들의 지위가 전례없이 강화되면서 체제 자체의 민주성과 공정성에 대한 관심이 고조되고 있다. 외부적으로는 다자무역체제의 예외인 FTA가 범람하면서 비차별과 일관성에 기초를 둔 WTO체제가 위협받고 있을 뿐만 아니라 세계화 진전과 함께 부각된 시민사회 역할의 중요성 확대로 말미암아 기본적으로 정부간의 협의체인 WTO체제에 어떤 방식으로 NGO 역할을 수용할 것인지가 난제로 부각되고 있다. 또한, 지속적으로 진행되는 국제통상규범의 확대는 갈수록 많은 여타 국제기구 및 체제들과 WTO체제의 정합성 문제를 초래하고 있는 상황이다. 이러한 상황에서 WTO 거버넌스의 문제점을 되짚어보고 이에 대한 대안이나 개선방안을 숙고해보는 것은 향후 세계통상체제의 신뢰성 제고과 공정성 개선을 위해 절실한 사안이다. 본 연구에서는 수많은 거버넌스

The views expressed herein are those of the authors and not necessarily those of the National Bureau of

How might the US take action through the WTO over China’s alleged currency manipulation? This paper analyses three potential legal issues: legality of exchange-rate policy under the GATT rules, legality under the subsidy rules and feasibility of non-violation complaints. It concludes that any WTO resolution will be difficult to achieve because the organisation is not designed to deal with alleged exchange-rate manipulation.

In this article, we trace the jurisprudential history of the applicability of US countervailing duty (CVD) law to non-market economies (NMEs). We describe how, since the USA reversed its long-standing policy of not imposing CVDs on NMEs, concurrent application of antidumping (AD) duties and CVDs has become the country's major trade remedy action against China. Although the WTO panel rejected China's claim of WTO-inconsistency regarding the current US practices, the US Court of International Trad