Organizational-Functional Structure of the GATT/WTO and its Conjugation with the System of International Institutions
Journal Title: Бізнес Інформ - Year 2016, Vol 1, Issue
Abstract
The article is concerned with determining the peculiarities of the organizational-functional structure of the GATT/WTO and its conjugation with the system of international institutions. The World Trade Organization is a contemporary institutional form of trade-economic globalization. It has established the «rules of the game», which regulate 97% of trade-economic relations. However, the GATT/WTO does not exclusively determinate the institutional environment of the multilateral trading system. All the features in terms of conjugation of international institutions are of importance. «Rules of the game» are transformed into «behavior patterns» only when there are effective levers of coercion, i.e. organizational component of all these institutions. The organizational-institutional nature of the WTO provides the dual essence of the multilateral trading system. And the first step to reforming any sphere always begins with an awareness of all the features of its current status. The article considers the dual structure of the WTO as an organization-institution, which is the main provider of the rules of the game in terms of international trade, as well as the system of international institutions and conjugation within it.
Authors and Affiliations
Alina Sholom
Keywords
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