Abstract

Dispute settlement mechanisms (DSMs), and the institutional architecture of free trade agreements, have been neglected in economic geography's contemplations of international trade or globalization. This article highlights the role of DSMs in free trade agreements, especially in relation to the World Trade Organization (WTO), and draws out some implications for local development. The study reviews literatures that have addressed the mandate and rationale of the WTO's formal and legalistic DSM, paying especial attention to the realist perspective on international trade, the issue of fairness, and implications of asymmetric power relations for local development. Economic geographers need to incorporate free trade institutional architectures in contemplations of local development.

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