Search engine for discovering works of Art, research articles, and books related to Art and Culture
ShareThis
Javascript must be enabled to continue!

Perspectives on the Changing Spirit of GATT

View through CrossRef
Traditionally, the ECJ has treated the international legal framework of the external trade law of the Community with judicial self restraint. Especially the GATT was perceived as a forum for interstate negotiations driven by the spirit of intergovernmental reciprocity. Thus, the ECJ has concluded that the GATT should be protected from intrusion by national authorities and cannot be invoked directly before the court. However, in the context of new developments, GATT and WTO-law are increasingly seen differently: International trade rules can serve as a quasi-constitutional constraint on excessive national trade policy. Basic principles such as the Most Favored Nation clause, the principle of non-discrimination and the prohibition of quantitative restrictions are reinterpreted as protection of economic rights of individuals rather than as protection of interstate reciprocity. Application of GATT-rules by national authorities is thus essential for the effective implementation of the "spirit" of GATT to fight a potential bias in favor of protectionism. This article comments on the historic conditions and the development of this fundamental change in the perception of the spitit of the GATT and tries to assess its consequences.
Title: Perspectives on the Changing Spirit of GATT
Description:
Traditionally, the ECJ has treated the international legal framework of the external trade law of the Community with judicial self restraint.
Especially the GATT was perceived as a forum for interstate negotiations driven by the spirit of intergovernmental reciprocity.
Thus, the ECJ has concluded that the GATT should be protected from intrusion by national authorities and cannot be invoked directly before the court.
However, in the context of new developments, GATT and WTO-law are increasingly seen differently: International trade rules can serve as a quasi-constitutional constraint on excessive national trade policy.
Basic principles such as the Most Favored Nation clause, the principle of non-discrimination and the prohibition of quantitative restrictions are reinterpreted as protection of economic rights of individuals rather than as protection of interstate reciprocity.
Application of GATT-rules by national authorities is thus essential for the effective implementation of the "spirit" of GATT to fight a potential bias in favor of protectionism.
This article comments on the historic conditions and the development of this fundamental change in the perception of the spitit of the GATT and tries to assess its consequences.

Related Results

The GATT and its Challenges at 60
The GATT and its Challenges at 60
The importance of the General Agreement on Tariffs and Trade (GATT), concluded in Geneva on 30 October 1947, applied on a provisional basis from January 1948 until December 1994 an...
The Two-Year Outcomes of Phacoemulsification Combined with GATT Versus Standalone GATT in Open-Angle Glaucoma: A Comparative Study
The Two-Year Outcomes of Phacoemulsification Combined with GATT Versus Standalone GATT in Open-Angle Glaucoma: A Comparative Study
Background/Objectives: The aim of this paper was to evaluate the two-year outcomes of phacoemulsification combined with gonioscopy-assisted transluminal trabeculotomy (PHACO-GATT) ...
Companions in the Spirit – Companions in Mission
Companions in the Spirit – Companions in Mission
Introductory RemarksSince Pentecost the Holy Spirit has inspired the church to proclaim Jesus Christ as the Lord and Saviour and we continue to be obedient to the command to preach...
Multilateral Trading System
Multilateral Trading System
Abstract Given the crucial role of the erstwhile GATT, and now the WTO, in formulating rules for international trade, this chapter discusses how the GATT came into e...
75 Jahre GATT
75 Jahre GATT
Das Allgemeine Zoll- und Handelsabkommen (GATT) trat vor 75 Jahren am 1. Januar 1948 für 9 Staaten in Kraft. Heute zählt das GATT 164 Partner. Ab 1995 ist das GATT Teil der Welthan...
China and World Trade Organization Law
China and World Trade Organization Law
China had a complex engagement with the General Agreement of Tariffs and Trade (GATT) and the World Trade Organization (WTO) which reflected both its drastic political changes thro...
Peranan Roh Kudus dalam Mengajar
Peranan Roh Kudus dalam Mengajar
The process of learning God’s words is also believed as a supranatural process. Factor of Holy Spirit is believed controlling all fields of ministry including education ministry. I...

Back to Top