The Political Economy Of Anti Dumping Protection
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The Political Economy Of Anti Dumping Protection
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Author : Patricia Wruuck
language : en
Publisher: Springer
Release Date : 2015-02-09
The Political Economy Of Anti Dumping Protection written by Patricia Wruuck and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-09 with Business & Economics categories.
This book deals with anti-dumping measures (AD) and investigates two questions: First, what country characteristics affect AD use and notably, do domestic political institutions have an effect? Second, (how) is the decision to impose a new AD measure affected by anticipation of trading partners’ potential retaliation? This book applies a strategic perspective to AD to address these questions, presenting a game-theoretic model together with an empirical test. The approach sheds light on the dynamics of interaction between trading partners and allows to capture selection processes which underpin the trade restrictions that can actually be observed. The book provides a fresh look on when and how trading powers apply antidumping measures, how this is shaped by strategic interaction and whether institutions do make a difference to the outcome. In a period in which the international trading system has to cope with numerous stresses such as an increased resort to administered protection largely by big emerging economies, this is a timely and important contribution. Dr. Klaus Günter Deutsch, Managing Director, Research, Economic and Industrial Policy, German Federation of Industries This book successfully integrates two research traditions in international politics – the traditional view that looks at domestic factors of anti-dumping policies and the strategic view that conditions the imposition of anti-dumping measures on the likely, retaliatory behavior of the trading partner. The result is an informative and constructive examination of anti-dumping protection and trade wars in the WTO. Prof. Dr. Thomas Bräuninger, Chair of Political Economy, University of Mannheim, Germany "The Political Economy of Anti-Dumping Protection - A Strategic Analysis" is a major contribution to the important and growing field international political economy. Starting with the “traditional” comparative institutional analysis, which focuses on the implications of democratic and non-democratic regimes for using anti-dumping measures in trade politics, the second part applies a strategic perspective on this type of sanctions uncovering the dynamic interactions between a challenging and challenged countries. For all those interested in understanding the logic of sanctions, the role of institutions, and in how to examine the implications of theoretical models for international political economy this book is a “must read". Prof. Dr. Thomas König, Chair of Political Science II, University of Mannheim, Germany.
Political Economy Of Antidumping And Safeguards In Argentina
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Author : Julio J. Nogués
language : en
Publisher: World Bank Publications
Release Date : 2005
Political Economy Of Antidumping And Safeguards In Argentina written by Julio J. Nogués and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Antidumping duties categories.
Abstract: "Beginning in the late 1980s, Argentina implemented a series of reforms that were revolutionary in speed and scope, including trade liberalization. After the implementation of these policies, a record number of antidumping petitions came forward. Under a situation of high inflation, the government reinforced its fiscal and monetary policies by announcing that it would minimize the use of such measures. The flexible disciplines of the existing domestic antidumping regulations facilitated this objective. Later, when the GATT/WTO-sanctioned trade remedies were implemented, the government made a serious attempt to establish discipline by including liberal regulations and creating special institutional arrangements. A presumption built into the construction of the new mechanisms was that adhering to WTO requirements would strengthen the resistance against protection. This presumption turned out to be false. Changing circumstances, including severe peso overvaluation, had significant effects on the number and outcome of antidumping investigations. Regarding safeguards, the government followed the letter and the spirit of the WTO agreement. In relation to the number of petitions, few measures have been implemented. Rejections were based on a concern for consumer costs and on failure of the industry seeking protection to provide a convincing modernization plan. This, plus the fact that some cases were brought to the WTO Dispute Settlement Body, have made safeguards a less attractive instrument for protection-seekers than antidumping. An important positive side of the story is that unlike previous balance of payments adjustments, in spite of the major crisis that followed the recent devaluation, the hard-won liberalization has been maintained."--World Bank web site.
The Political Economy Of Trade Protection
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Author : Anne O. Krueger
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01
The Political Economy Of Trade Protection written by Anne O. Krueger and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Business & Economics categories.
This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection. In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber, wheat, and textile and apparel industries, the contributors trace the evolution of efforts to obtain protection, protectionist measures, and their results. A chapter assessing the common themes that emerge from the studies concludes that the focus of current trade law is exclusively on the individual protection-seeking industries, with little regard for indirect effects on using industries or for consumers. Reform could usefully take these effects into account. This volume will interest policymakers, business executives, and anyone interested in trade policy formulation and practice.
Political Economy Of Antidumping And Safeguards In Argentina
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Author : Julio J. Nogu??s
language : en
Publisher:
Release Date : 2012
Political Economy Of Antidumping And Safeguards In Argentina written by Julio J. Nogu??s and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Beginning in the late 1980s, Argentina implemented a series of reforms that were revolutionary in speed and scope, including trade liberalization. After the implementation of these policies, a record number of antidumping petitions came forward. Under a situation of high inflation, the government reinforced its fiscal and monetary policies by announcing that it would minimize the use of such measures. The flexible disciplines of the existing domestic antidumping regulations facilitated this objective. Later, when the GATT/WTO-sanctioned trade remedies were implemented, the government made a serious attempt to establish discipline by including liberal regulations and creating special institutional arrangements. A presumption built into the construction of the new mechanisms was that adhering to WTO requirements would strengthen the resistance against protection. This presumption turned out to be false. Changing circumstances, including severe peso overvaluation, had significant effects on the number and outcome of antidumping investigations. Regarding safeguards, the government followed the letter and the spirit of the WTO agreement. In relation to the number of petitions, few measures have been implemented. Rejections were based on a concern for consumer costs and on failure of the industry seeking protection to provide a convincing modernization plan. This, plus the fact that some cases were brought to the WTO Dispute Settlement Body, have made safeguards a less attractive instrument for protection-seekers than antidumping. An important positive side of the story is that unlike previous balance of payments adjustments, in spite of the major crisis that followed the recent devaluation, the hard-won liberalization has been maintained.
Administered Protection
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Author : Kevin Scott Marshall
language : en
Publisher:
Release Date : 2006
Administered Protection written by Kevin Scott Marshall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Antidumping duties categories.
The Political Economy Of American Trade Policy
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Author : Anne O. Krueger
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01
The Political Economy Of American Trade Policy written by Anne O. Krueger and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Business & Economics categories.
Exploring the political and economic determinants of trade protection, this study provides a wealth of information on key American industries and documents the process of seeking and conferring protection. Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection. Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume will interest scholars in economics, business, and public policy who deal with trade issues.
The Political Economy Of Trade Conflicts
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Author : Franz Waldenberger
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Political Economy Of Trade Conflicts written by Franz Waldenberger and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Political Science categories.
David Ricardo's law of comparative advantage and his finding that free trade increases the wealth of all participating nations is one of the very few economic laws which is accepted by almost all economists. But economic reason and economic policy do not always follow the same path. This especially applies to trade policies. A substantial and growing part of trade between Japan, Europe and the US does not follow the principles of free trade, but is more accurately managed trade. The management of international trade, international trade negotiations, and the political dynamics of trade conflicts create a complex reality which follows its own laws without regard to economic policy prescriptions. This political-economic reality was the subject of the conference 'The Political Economy of Trade Conflicts' organizedjoindy by the German Institute for Japanese Studies and the Friedrich-Ebert-Foundation together with the Institute of Modern Political Science and Economics of Waseda University in December 1993. We present the results of the conference in this reader. Three issues were of special importance: the US-Japanese conflict over the reduction of trade imbalances via quantitative import targets; the liberalization of trade in agricultural products, especially the opening of the Japanese rice market; and the trade tensions between the European Union, the US and Japan in high technology industries. The conference took place immediately before the conclusion of the Uruguay Round, and yet its subject continues to be of high political importance. In early 1994, the US-Japan conflict around quantitative import targets became more tense.
Australia S Anti Dumping And Countervailing System
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Author : Productivity Commission
language : en
Publisher:
Release Date : 2013
Australia S Anti Dumping And Countervailing System written by Productivity Commission and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Extract from the key points: The Australian anti-dumping system, which is based on agreed WTO rules and procedures, benefits a small number of import competing firms, but imposes greater costs on the rest of the economy. However, this net economic cost is likely to be very small. And the ability for Australian industries, like those in most other countries, to use the system to address what are perceived by many to be 'unfair' trading practices, may have lessened resistance to more significant tariff reforms. This 'political economy' argument for retaining the system would be strengthened by changes to address a number of deficiencies in the current arrangements which can add to the costs for the community. In particular: • there is no consideration of the wider economic impacts of anti-dumping measures • measures can too easily become akin to long-term protection, or outdated in the face of changing market circumstances • decision-making and its outcomes are not sufficiently transparent. Introduction of a 'bounded' public interest test, drawing on similar provisions overseas, would be a practical means to take account of wider impacts and prevent the imposition of measures that would be disproportionately costly.
The Political Economy Of American Protection In Theory And In Practice
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Author : Anne O. Krueger
language : en
Publisher:
Release Date : 1990
The Political Economy Of American Protection In Theory And In Practice written by Anne O. Krueger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Commercial policy categories.
The results of recent empirical research show that the actual determinants of the form and substance of protection have little to do with the implicit classroom model of benevolent social guardians intent upon maximizing a Benthamite social utility function. This has led to efforts to understand the political bureaucratic process through which commercial policy is determined, and to the beginnings of a positive theory of protection, sometimes referred to as the "political economy of protection". In this paper the theoretical cases in which protection might be warranted are contrasted to the actual pattern of protection and mechanisms by which protection is decided upon in one open economy--the United states, and the various models attempting to explain the observed pattern of protection and the mechanisms that generate it are surveyed.
The Political Economy Of Economic Adjustment
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Author : M. J. Trebilcock
language : en
Publisher:
Release Date : 1986
The Political Economy Of Economic Adjustment written by M. J. Trebilcock and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Political Science categories.
Research report, comparison of industrial policy approaches to specific industry restructuring and adjustment assistance in Australia, France, Germany, Federal Republic, Japan, UK and USA, reviewing implications for Canada - examines employment policies, training policies, trade policies, regional development, role of trade unions and employers organizations, concentrating on the textile industry shipbuilding, coal mining, motor vehicle industry, etc. References, statistical tables.