Book contents
- International Economic Dispute Settlement
- International Economic Dispute Settlement
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- Abbreviations
- 1 Introduction
- 2 Contracting v. Multilateralism in Global Economic Governance
- Part I Current Challenges in International Trade Dispute Settlement
- Part II Current Challenges in International Investment Dispute Settlement
- Part III New Issue Areas and Dispute Settlement
- Part IV Regional Approaches for International Economic Dispute Settlement
- 14 The Future of International Economic Dispute Resolution – An Asian Perspective
- 15 No Lessons from the Crises in the International Trade and Investment Dispute Settlement Mechanisms: The African Continental Free Trade Area
- 16 The Time of PTA Dispute Settlement Mechanisms Might Have Come: Assessing the Risks
- 17 Dispute Settlement in Free Trade Agreements as a Suggested Alternative to WTO Dispute Settlement
- Index
- References
16 - The Time of PTA Dispute Settlement Mechanisms Might Have Come: Assessing the Risks
from Part IV - Regional Approaches for International Economic Dispute Settlement
Published online by Cambridge University Press: 07 August 2021
- International Economic Dispute Settlement
- International Economic Dispute Settlement
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- Abbreviations
- 1 Introduction
- 2 Contracting v. Multilateralism in Global Economic Governance
- Part I Current Challenges in International Trade Dispute Settlement
- Part II Current Challenges in International Investment Dispute Settlement
- Part III New Issue Areas and Dispute Settlement
- Part IV Regional Approaches for International Economic Dispute Settlement
- 14 The Future of International Economic Dispute Resolution – An Asian Perspective
- 15 No Lessons from the Crises in the International Trade and Investment Dispute Settlement Mechanisms: The African Continental Free Trade Area
- 16 The Time of PTA Dispute Settlement Mechanisms Might Have Come: Assessing the Risks
- 17 Dispute Settlement in Free Trade Agreements as a Suggested Alternative to WTO Dispute Settlement
- Index
- References
Summary
While chapters on state-to-state dispute settlement mechanisms (DSMs) are a common characteristic of modern PTAs, they have not been very often used by the PTA parties to enforce their rights. The scarce use of the PTA fora in the past has been attributed to the preference for the WTO DSM, as well as to the insufficiently advanced substantive PTA rules, which often merely mirrored the WTO norms. In light of the latest developments in the international trade regime, this chapter shows that a rise in the use of PTA DSMs can be already noted and anticipates that the number of PTA disputes could continue to grow. Therefore, the potential risks that are associated with this rise will be tackled.
- Type
- Chapter
- Information
- International Economic Dispute SettlementDemise or Transformation?, pp. 442 - 469Publisher: Cambridge University PressPrint publication year: 2021