Paper Title
The Evolving role of the GATT/WTO in the face of new global trade challenges
Article Identifiers
Authors
Apoorva Sinha , A. Devansh
Keywords
:- Non-tariff barriers, emerging economies, inclusivity in rule-making, global issues, climate change, labor standards, dispute settlement mechanism, institutional challenges
Abstract
The General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO), have been instrumental in fostering a stable and rules-based global trading system since the mid-20th century. However, the 21st century presents a unique set of challenges that necessitate an evolution in the GATT/WTO's role. This abstract explores how the organization can adapt to maintain its relevance in the face of these emerging complexities. One key challenge is the rise of non-tariff barriers (NTBs) to trade. While the GATT/WTO successfully tackled traditional tariffs, NTBs such as complex technical regulations and subsidies can create significant hurdles for international commerce. The organization must develop mechanisms to address these evolving obstacles without stifling legitimate regulatory goals. Another challenge lies in the increasing importance of emerging economies like China and India. The traditional focus on developed nations needs to shift to accommodate the needs and interests of these new players. The WTO can facilitate this transition by ensuring inclusivity in rule-making and dispute settlement processes. Furthermore, the rise of global issues like climate change and labor standards necessitates a broader approach to trade. The GATT/WTO must navigate the potential for trade rules to clash with these concerns. Exploring avenues for incorporating environmental and social considerations into the trade framework, without compromising core principles like free trade, will be crucial. Finally, the recent weakening of the WTO's dispute settlement mechanism poses a significant threat to its authority. The organization must address these institutional challenges and find ways to restore confidence in its ability to enforce trade rules impartially. In conclusion, the GATT/WTO stands at a crossroads.
Downloads
How To Cite (APA)
Apoorva Sinha & A. Devansh (May-2024). The Evolving role of the GATT/WTO in the face of new global trade challenges. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(5), b64-b72. https://ijnrd.org/papers/IJNRD2405111.pdf
Issue
Volume 9 Issue 5, May-2024
Pages : b64-b72
Other Publication Details
Paper Reg. ID: IJNRD_220634
Published Paper Id: IJNRD2405111
Downloads: 000121985
Research Area: Other
Country: Kolkata, West Bengal, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2405111.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2405111
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave | IJNRD.ORG | IJNRD.COM | IJPUB.ORG
Licence
This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
Publication Timeline
Article Preview: View Full Paper
Call For Paper
IJNRD is a Scholarly Open Access, Peer-reviewed, and Refereed Journal with a High Impact Factor of 8.76 (calculated by Google Scholar & Semantic Scholar | AI-Powered Research Tool). It is a Multidisciplinary, Monthly, Low-Cost Journal that follows UGC CARE 2025 Peer-Reviewed Journal Policy norms, Scopus journal standards, and Transparent Peer Review practices to ensure quality and credibility. IJNRD provides indexing in all major databases & metadata repositories, a citation generator, and Digital Object Identifier (DOI) for every published article with full open-access visibility.
The INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to advance applied, theoretical, and experimental research across diverse fields. Its goal is to promote global scientific information exchange among researchers, developers, engineers, academicians, and practitioners. IJNRD serves as a platform where educators and professionals can share research evidence, models of best practice, and innovative ideas, contributing to academic growth and industry relevance.
Indexing Coverage includes Google Scholar, SSRN, ResearcherID-Publons, Semantic Scholar (AI-Powered Research Tool), Microsoft Academic, Academia.edu, arXiv.org, ResearchGate, CiteSeerX, ResearcherID (Thomson Reuters), Mendeley, DocStoc, ISSUU, Scribd, and many more recognized academic repositories.
How to submit the paper?
By Our website
Click Here to Submit Paper Online
Important Dates for Current issue
Paper Submission Open For: October 2025
Current Issue: Volume 10 | Issue 10 | October 2025
Impact Factor: 8.76
Last Date for Paper Submission: Till 31-Oct-2025
Notification of Review Result: Within 1-2 Days after Submitting paper.
Publication of Paper: Within 01-02 Days after Submititng documents.
Frequency: Monthly (12 issue Annually).
Journal Type: IJNRD is an International Peer-reviewed, Refereed, and Open Access Journal with Transparent Peer Review as per the new UGC CARE 2025 guidelines, offering low-cost multidisciplinary publication with Crossref DOI and global indexing.
Subject Category: Research Area
Call for Paper: More Details
