Reclaiming Development in the World Trading System

Yong-Shik Lee is a scholar in international trade law and economic development. He is currently Director of the Law and Development Institute and Distinguished Scholar in Residence at Emory University School of Law. He graduated in economics with academic distinction from the University of California, Berkeley and received law degrees from the University of Cambridge (B.A., M.A., Ph.D.). He has over seventy academic publications in the areas of international economic law, law and development, and comparative law. He has taught international economic law at leading universities in the US, UK, Australia, and South Korea.

• Part I. International Trade Law: From the Perspective of Economic Development: 1. Introduction: trade, trade rules, and economic development; 2. Principles of international trade law; 3. Tariffs and subsidies; 4. Trade remedies: anti-dumping and safeguards; 5. 'Expansion' of trade disciplines and development; 6. Regional trade liberalization; 7. Rules of origin, government procurement, non-tariff barriers, and exceptions; 8. WTO dispute settlement mechanism; 9. Reforming the world trading system; Part II. Regional Trade and Development Cases: 10. Trade and development in Asia; 11. Trade and development in Africa; 12. Trade and development in Latin America; 13. Trade and development for LDCs: microtrade; 14. Conclusion: putting back the ladder.

'In this second edition, Professor Lee once again addresses the shortcomings of the WTO's regulatory framework for developing countries and the corresponding shortcomings of the WTO system as a positive force for economic development. The issuance of this broader work is particularly timely. It has become increasingly clear that the WTO's 'Doha Development Round' has failed. With it has gone much of the hope that more of the positive impacts of liberalized world trade would benefit the dozens of smaller developing countries that have had little influence on fourteen years of largely unsuccessful negotiations. Under these circumstances the need for an updated study of international trade law from [the] perspective of economic development is greater than ever … The process of successfully bringing about economic development through trade all too often continues to mystify; Professor Lee's book will assist readers from all disciplines in better understanding this critically important relationship.' David A. Gantz, Samuel M. Fegtly Professor of Law, Rogers College of Law, University of Arizona