search query: @author Maggi, G. / total: 5
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| Author: | Maggi, G. |
| Title: | The role of multilateral institutions in international trade cooperation |
| Journal: | American Economic Review
1999 : MAR, VOL. 89:1, p. 190-214 |
| Index terms: | ECONOMICS INTERNATIONAL CO-OPERATION TRADE |
| Language: | eng |
| Abstract: | The World Trade Organization (WTO) lacks the power to directly enforce agreements. It is therefore important to understand what role the WTO can play to facilitate international cooperation, and whether a multilateral institution can offer distinct advantages over a web of bilateral agreements. This paper examines two potential benefits of a multilateral trade institution: first, verifying violations of the agreements and informing third parties, thus facilitating multilateral reputation mechanisms. |
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