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Yong-Shik Lee
Safeguard Measures in World Trade: The Legal Analysis (4th edition) offers a comprehensive, article-by-article examination of WTO rules on safeguard measures, focusing on GATT Article XIX and the Agreement on Safeguards. It explains how “emergency” trade measures can be used in response to sudden import surges, while remaining consistent with WTO obligations.
This fully updated edition analyses the practical challenges of applying safeguards in a trading system marked by stalled multilateral negotiations, the proliferation of regional trade agreements, and the ongoing crisis of the WTO dispute settlement system. It also expands the discussion of safeguard rules in services and the development dimension of safeguards, combining doctrinal analysis with policy-oriented proposals for reform.
This book is designed for:
Professor Yong-Shik Lee is a leading scholar of international economic law and trade remedies. His work on safeguard measures and law-and-development has been widely cited by scholars, practitioners and policy institutions. In this fourth edition, he combines doctrinal analysis, empirical references and policy recommendations to provide both a reference tool and a reform agenda for the safeguard regime.
Part I – Development of International Rules on Safeguards
1. Politics and economics of safeguard measures
2. GATT Article XIX and negotiation of the Agreement on Safeguards
Part II – Agreement on Safeguards
3. Article XIX and Agreement on Safeguards
4. Article 2 – General conditions
5. Article 4 – Injury and causation
6. Procedural requirements
7. Application of safeguard measure
8. Compensation and retaliation
Part III – Other Safeguard Provisions
9. Remaining issues
10. Discussions on safeguard measures in the service trade: GATS Article X
11. Other emergency import restrictions in the WTO
12. National/regional rules on safeguards
13. Regional trade agreements and safeguard measures
Part IV – Safeguard Regime: Present and Future
14. Lessons to remember
15. Future perspective and conclusion
Appendices: Statistics on safeguard measures; texts of GATT Article XIX and the Agreement on Safeguards; proposed modifications and model rules; application checklist.
safeguard measures, WTO, GATT Article XIX, Agreement on Safeguards, trade remedies, emergency import protection, serious injury, Appellate Body crisis, regional trade agreements, international trade law, world trade governance
trade lawyers, international economic law scholars, WTO delegates, government trade officials, policymakers, economists, researchers, postgraduate students, think-tank analysts, international business advisors
law, international trade law, economics, professional reference, academic monograph
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