Law & Health Weekly
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Life Sciences
New life sciences research from Northwestern University described
March 29th, 2008
"This essay states the public choice case against reforming the current WTO enforcement mechanism, which allows parties that prevail in an international trade dispute to retaliate against the scofflaw state by suspending equivalent trade concessions. Currently, there are two distinct kinds of proposals floating around to change this mechanism to make it more incentive-compatible for all member states and user-friendly to developing nations: the first is the use of collective or third-party sanctions; the second is the imposition of monetary compensation," scientists writing in the journal University of Illinois Law Review report. "This essay argues that both...
Source: Law & Health Weekly (2008-03-29)
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