FREE FULL TEXT (PDF) 

UDC 061.1СОТ		DOI: https://doi.org/10.31617/zt.knute.2019(105)01
KALIUZHNA Nataliya, E-mail: Ця електронна адреса захищена від спам-ботів. вам потрібно увімкнути JavaScript, щоб побачити її. ORCID: 0000-0003-0513-705X		Doctor of Economics, Associate Professor, Professor at the Department of International Economic Relations of Kyiv National University of Trade and Economics 19, Kyoto str., Kyiv, 02156, Ukraine
LEZHEPIOKOVA Victoriya, E-mail: Ця електронна адреса захищена від спам-ботів. вам потрібно увімкнути JavaScript, щоб побачити її. ORCID: 0000-0003-4253-6885		Candidate of Economic Sciences, Associate Professor, Associate Professor at the Department of International Economic Relations of Kyiv National University of Trade and Economics 19, Kyoto str., Kyiv, 02156, Ukraine

WTO DISPUTE SETTLEMENT MECHANISM 

Background. TheWTOdisputesettlement mechanism ensures the security and predictability of the international trading system, which necessitates evaluating the effectiveness of its application.
The review of scientific sources. There are no systematic methodological bases for assessing the effectiveness of countries’involvement in the WTO dispute settlement mechanism.
The aim of the articleis to investigate the nature and effectiveness of the WTO dispute settlement mechanism.
Materials and methods. Methods of analysis and synthesis, method of mathematical modeling, method of statistical analysis are used in the article. The research based on scientific publications and materials of the World Trade Organization.
Results. In the article staticand dynamic criteria for the effectiveness of the WTO trade dispute settlement mechanism have been proposed. The prevailing adherence to the static criterion is confirmed, which proves the validity of the WTO consultation procedure. The non-fulfillment of the dynamic criterion is evidenced, which can be interpreted as the lack of cumulative effect from the accumulated experience of settlement of trade disputes.
Conclusion. The results of the calculation of the proposed static and dynamic criteria are evidence of the key role of the WTO dispute settlement mechanism in preventing escalation of interstate trade conflicts.
 
Keywords: trade war, trade conflict, trade dispute, effectiveness ratio, criterion, hypothesis of existence of a trend.  

REFERENCES 

1. Onyshhenko, V. P. (2019). Geoekonomichnyj zmist mizhnarodnyh konfliktiv [Geo-economic content of international conflicts]. Zovnishnja torgivlja: ekonomika, finansy, pravo – Foreign Trade: Economics, Finance, Law, 2,20-35 [in Ukrainian].
2. Guzhva, I. (2015). Mehanizm vyrishennja torgovel'nyh superechok: teoretychni aspekty i suchasna praktyka v Ukrai'ni ta sviti [Trade dispute settlement mechanism: theoretical aspects and current practice in Ukraine and the world]. Naukovyj visnyk Mizhnarodnogo gumanitarnogo universytetu – Scientific bulletin of the International Humanitarian University, 13, 8-13 [in Ukrainian].
3. Wolfe, R. Letting the Sun Shine in at the WTO: How Transparency Brings the Trading System to Life. Retrieved from https://www.wto.org/english/res_e/reser_e/ersd201303_e.htm [in English].
4. Gordjejeva, T. (2013). Mizhnarodni torgovel'ni superechky u suchasnij reguljatyvnij paradygmi [International trade disputes in the current regulatory paradigm]. Mizhnarodna ekonomichna polityka – International economic policy, 2, 101-125 [in Ukrainian].
5. Dillon, Thomas J. The World Trade Organization: A New Legal Order for World Trade? Retrieved from https://repository.law.umich.edu/cgi/viewcontent.cgi?article=1525&context=mjil [in English].
6. Payosova, T., Hufbauer, G., & Jeffrey, J. The Dispute Settlement Crisis in the World Trade Organization: Causes and Cures. Retrieved from https://www.piie.com/system/files/documents/pb18-5.pdf [in English].
7. Flissak, K. A. (2016). Mizhnarodni torgovel'ni spory i misce ekonomichnoi' dyplomatii' u i'h vreguljuvanni [International trade disputes and the place of economic diplomacy in its settlement]. Aktual'ni problemy mizhnarodnyh vidnosyn – Actual problems of international relations. (Is. 127). (Part ІІ), (pp. 152-164). DOI: https://doi.org/10.17721/apmv.2016.127.2.152-164 [in Ukrainian].
8. World Trade Organization. WTO Dispute Settlement. Retrieved from http://www.wto.org/english/tratop_e/dispu_e/dispu_e.htm [in English].
9. Posibnyk shhodo mehanizmu vreguljuvannja superechok u ramkah Svitovoi' organizacii' torgivli [Handbook on the WTO Dispute Settlement Mechanism]. (2016). Kyiv: Ministerstvo ekonomichnogo rozvytku i torgivli Ukrai'ny [in Ukrainian].