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Words: | Submitted: Tue Jun 20 2006
... for the international trade dispute system as disputes can now be settled much quicker. With this in mind I will be looking at why now after only 10 years the DSB has come under constant criticism for being politically contentious and fatally flawed. Predominantly in the last few years, problems as well as merits have been brought to light when discussing the dispute settlement procedure. A number of governments and non-governmental organisations have suggested possible reforms. Is it now time for reform? What should be done and why? The dispute settlement system appears to be running very well and using the statistics available, one could say it had been a big success. In the 10 years the DSB has been working it has processed almost exactly the same amount of disputes as the GATT did in its 48 year history and most of the WTO's disputes have been settled at ...
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