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Chapter Summary

This chapter conducts an analysis of the institutional and normative bases of the WTO in the hope of reaching a better understanding of its governance structure and functioning, without which only a partial and incomplete assessment can be made of the institutional and normative challenges the organisation faces. The WTO is incapable of fulfilling a proper institutional role and becoming a pillar for global economic governance as long as its individual Members continue to shape the organisation to their own ends through a variety of informal arrangements and established practices. The rigidity of the WTO's amending provisions coupled with its institutional decision-making processes results in an ineffective exercise of the organisation's rule-making capacity.

Keywords: institutional developments; normative developments; WTO



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