Priorities for reforming the WTO / Priorități de reformare a OMC
The article examines how the WTO (World Trade Organization) is implementing reforms to maintain its role as a forum for multilateral negotiations and global trade arbiter. Economic crises cause increased protectionism, but the WTO itself has been in crisis for some time and cannot fully withstand th...
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Format: | Article |
Language: | English |
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Free International University of Moldova
2022-11-01
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Series: | EcoSoEn: Ştiinţe Economice, Sociale şi Inginereşti = Economics, Social and Engineering Sciences |
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Online Access: | https://ibn.idsi.md/ro/vizualizare_articol/168832 |
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author | LOBANOV Natalia |
author_facet | LOBANOV Natalia |
author_sort | LOBANOV Natalia |
collection | DOAJ |
description | The article examines how the WTO (World Trade Organization) is implementing reforms to maintain its role as a forum for multilateral negotiations and global trade arbiter. Economic crises cause increased protectionism, but the WTO itself has been in crisis for some time and cannot fully withstand the return of trade barriers. It is especially important at a time when global solutions are essential to set priorities that make economic globalization more open, inclusive, balanced and beneficial for all by updating rules and strengthening safeguards. We note that the WTO is to be reformed to address current issues such as its negotiating function, dispute settlement system and transparency in its work. |
format | Article |
id | doaj-art-87676854f204484a848a011b5e43867d |
institution | Kabale University |
issn | 2587-344X |
language | English |
publishDate | 2022-11-01 |
publisher | Free International University of Moldova |
record_format | Article |
series | EcoSoEn: Ştiinţe Economice, Sociale şi Inginereşti = Economics, Social and Engineering Sciences |
spelling | doaj-art-87676854f204484a848a011b5e43867d2025-01-13T11:58:53ZengFree International University of MoldovaEcoSoEn: Ştiinţe Economice, Sociale şi Inginereşti = Economics, Social and Engineering Sciences2587-344X2022-11-013-45613https://doi.org/10.54481/ecosoen.2022.3-4.01Priorities for reforming the WTO / Priorități de reformare a OMCLOBANOV Natalia0https://orcid.org/0000-0003-3800-9038Academy of Economic Studies of Moldova, Chișinau The article examines how the WTO (World Trade Organization) is implementing reforms to maintain its role as a forum for multilateral negotiations and global trade arbiter. Economic crises cause increased protectionism, but the WTO itself has been in crisis for some time and cannot fully withstand the return of trade barriers. It is especially important at a time when global solutions are essential to set priorities that make economic globalization more open, inclusive, balanced and beneficial for all by updating rules and strengthening safeguards. We note that the WTO is to be reformed to address current issues such as its negotiating function, dispute settlement system and transparency in its work. https://ibn.idsi.md/ro/vizualizare_articol/168832wtomultilateral trading systemcrisispandemic |
spellingShingle | LOBANOV Natalia Priorities for reforming the WTO / Priorități de reformare a OMC EcoSoEn: Ştiinţe Economice, Sociale şi Inginereşti = Economics, Social and Engineering Sciences wto multilateral trading system crisis pandemic |
title | Priorities for reforming the WTO / Priorități de reformare a OMC |
title_full | Priorities for reforming the WTO / Priorități de reformare a OMC |
title_fullStr | Priorities for reforming the WTO / Priorități de reformare a OMC |
title_full_unstemmed | Priorities for reforming the WTO / Priorități de reformare a OMC |
title_short | Priorities for reforming the WTO / Priorități de reformare a OMC |
title_sort | priorities for reforming the wto prioritati de reformare a omc |
topic | wto multilateral trading system crisis pandemic |
url | https://ibn.idsi.md/ro/vizualizare_articol/168832 |
work_keys_str_mv | AT lobanovnatalia prioritiesforreformingthewtoprioritatidereformareaomc |