The world trading system is under stress once again.

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This book provides some of the latest thinking on many hotly debated issues from agriculture to antidumping, the Trans-Pacific Partnership to trade and inequality. Wide-ranging and accessible, this collection will be of interest to practitioners and scholars alike. This collection brings together a group of the world's leading economic and legal scholars who set forth wide-ranging analyses of the central issues and challenges faced by the multilateral trading system and the World Trade Organization.

The depth of scholarship is outstanding. Yet the issues are presented with a minimum of professional jargon and with commendable clarity. Thus, both general readers with a keen interest in global trade as well as research scholars will benefit immensely from the wisdom imparted in the disparate chapters.

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• WTO: The Multilateral Trade Order in Danger.
• World in need of 'fair and balanced' global trade system!
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Given the highly emotional and divisive debates over globalization and trade in the United States and Europe, these careful analyses will provide an indispensable antidote to the calculated misinformation and simple ignorance that governs so much of current discourse. Search Search.

Inquiry into the trade system and the digital economy

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Furthermore, recognizing that it was necessary to open a new international round to follow the Kennedy Round at an early date to maintain and strengthen the free trade system, Japan took a positive attitude toward the convening of such an international round at the 27th general meeting of GATT last year. And in February , the Government issued a joint statement with the United States to the effect that the two countries will open diverse and comprehensive negotiations in within the framework of GATT. The EC and many member countries of GATT support the idea of starting multilateral negotiations in , and there is a growing awareness of the need for establishing a new trade system.

Japan positively supports discussions by the OECD on the future international economic system, and, for the promotion of free trade in the future, it will become necessary to adjust internationally matters covering a wide range of fields, such as tariffs, non-tariff barriers, the problem of farm produce, multi-national corporations and the environmental problem. In view of these problems, it can be said that Japan is required to carry out external economic measures from a comprehensive point of view.