The WTO: Theory and Practice

39 Pages Posted: 3 Nov 2009 Last revised: 15 Mar 2021

See all articles by Kyle Bagwell

Kyle Bagwell

Stanford University - Department of Economics; National Bureau of Economic Research (NBER)

Robert W. Staiger

Stanford University; University of Wisconsin - Madison - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: October 2009

Abstract

We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent developments in the relevant theoretical and empirical literature. And we describe the GATT/WTO architecture and briefly trace its historical antecedents. We suggest that the existing literature provides a useful framework for understanding and interpreting central features of the design and practice of the GATT/WTO, and we identify key unresolved issues.

Suggested Citation

Bagwell, Kyle and Staiger, Robert W., The WTO: Theory and Practice (October 2009). NBER Working Paper No. w15445, Available at SSRN: https://ssrn.com/abstract=1498947

Kyle Bagwell (Contact Author)

Stanford University - Department of Economics ( email )

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Stanford, CA 94305-6072
United States

National Bureau of Economic Research (NBER)

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Robert W. Staiger

Stanford University ( email )

Stanford, CA 94305
United States

University of Wisconsin - Madison - Department of Economics ( email )

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Madison, WI 53706
United States
608-262-2265 (Phone)

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
United States

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