Schlagwort: developing countries

Lessons for Global Cooperation from the COVID-19 Pandemic

Image: Numbers on a table of a stockmarket

Picture by Gerd Altmann on Pixabay

The COVID-19 (or coronavirus) disease has led to a major pandemic that has spread to virtually all countries of the world. Although at the time of writing the epidemic has mainly hit South East Asian and Western countries (see Figure below), it is likely that Developing Countries (DCs) will also be heavily affected in the weeks to come.…

Photo: Sculpture "Tug of War", by falco on Pixabay

A quid pro quo to save the WTO’s Appellate Body

Emerging countries such as Brazil, Mexico, India, China, Korea, Thailand, Indonesia and to a lesser degree, Vietnam and Turkey have actively and successfully invoked the World Trade Organization (WTO) dispute settlement system (DSS) to defend their commercial interests. With increased participation in world trade, their stake in an effective compulsory and binding mechanism for resolving…