The Role of Regulatory Cooperation in the Future of the WTO

March 28, 2017

The emergence of global value chains (GVCs) and global public goods presents an opportunity for the World Trade Organization (WTO) to play a larger role in international regulatory cooperation. This paper identifies the circumstances and modalities where the WTO is most likely to be successful. First, it assesses the circumstances in which international regulatory cooperation is best suited to be multilateralised through the WTO. Second, it considers the means by which regulatory cooperation should be pursued at the multilateral level. In particular, it recommends a hub and spoke model for promoting regulatory cooperation and maintaining the transparency and democratic accountability of that mechanism.

Read Full Material: Link


RTA

Other RTA EXCHANGE SPONSORED RESEARCH

RTA

Regulator Considerations: Leveraging Opportunities through Regulatory Cooperation

March 28, 2017

This paper examines the opportunity that regulatory cooperation provides to rationalise the array of overlapping international regulatory systems going forward, and the role that trade agreements can... READ MORE

RTA

Bridging Distance for Development: Regulatory Cooperation Applied to Consumer Rights, Parcel Delivery and Sales Tax

March 28, 2017

This paper examines the need to encourage more widespread and inclusive participation of micro, small, and medium enterprises in global markets as a component of the Sustainable Development Goals. It... READ MORE