Description - Optimal Regulation and the Law of International Trade by Boris Rigod
Are the limitations imposed on World Trade Organization (WTO) members' right to regulate efficient? This is a question that is only scarcely, if ever, analysed in existing literature. Boris Rigod aims to provide an answer to this fundamental concern. Using the tools of economic analysis and in particular the concept of economic efficiency as a benchmark, the author states that domestic regulatory measures should only be subject to scrutiny by WTO bodies when they cause negative international externalities through terms of trade manipulations. He then suggests that WTO law, applied by the WTO judiciary can prevent WTO members from attaining optimal levels of regulation. By applying a law and economics methodology, Rigod provides an innovative solution to the problem of how to reconcile members' regulatory autonomy and WTO rules as well as offering a novel analytical framework for assessing domestic regulations in the light of WTO law.
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(228mm x 152mm x 19mm)
Cambridge University Press
Publisher: Cambridge University Press
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Book Reviews - Optimal Regulation and the Law of International Trade by Boris Rigod
Author Biography - Boris Rigod
Boris Rigod practises international trade and competition law at Freshfields Bruckhaus Deringer. He was a Fulbright-Schuman Scholar at Stanford Law School and NYU School of Law and has published in leading journals on international trade law.