2002•Palgrave Macmillan BooksRequires access
Is the WTO Dispute Resolution System Serving the Developing World’s Interests?
James R. Holbein, Dennis R. Nuxoll
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Abstract
The World Trade Organization (WTO) was established on 1 January 1995, as a result of the Uruguay Round of multilateral trade negotiations under the General Agreement on Tariffs and Trade (GATT). As of 31 December 2000, the WTO had 140 members, with an additional 28 countries in the process of accession. The WTO, as an international organization, administers the GATT trade agreement; acts as a forum for ongoing multilateral trade negotiations; serves as a tribunal for resolving disputes; reviews the trade policies and practices of its members; and cooperates with other international organizations to standardize global economic policy-making.1