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I Organisational and Institutional Aspects

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Chapter Summary

This chapter provides a brief, mostly historical account of the WTO's antecedents, including the institutional failings of the International Trade Organization (ITO) project and the role of the former GATT (1948-1995) in fulfilling the institutional vacuum that eventually led to the formation of the WTO. It reviews the organisational and institutional bases of the WTO, including its objectives and functions, WTO bodies and their powers and some membership and accession issues. The chapter contains a set of conclusions, based on the findings and describes their relationship to the overall proposition concerning institutional developments.

Keywords: GATT; International Trade Organization (ITO); organisational and institutional bases; WTO's antecedents



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