In this book an eminent legal scholar explains today's system of international trade law and international economic relations as it has evolved over the last six decades. Focusing inevitably on the major innovations that came with the inception in 1994 of the World Trade Organization (WTO) with its various agreements, the analysis also provides in-depth commentary on the intense debate over important matters that remain unsettled.
Arguments within the WTO and among scholars over such controversial matters as regulation of competition, setting of labour standards, and environmental controls - as well as thorny concerns raised by enforcement of intellectual property rights and limitation on investments - are held up to close scrutiny for their legal merits. This rigorous approach, in addition to its uncompromising detail and revealing clarity, assure this book of a place in the practice library of lawyers, officials, and policymakers in the field for many years to come.