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Cambridge International Trade and Economic Law : Commitments and Flexibilities in the WTO Agreement on Subsidies and Countervailing Measures: An Economically Informed Analysis - Jose Guilherme Moreno Caiado

Cambridge International Trade and Economic Law

Commitments and Flexibilities in the WTO Agreement on Subsidies and Countervailing Measures: An Economically Informed Analysis

Hardcover Published: 2nd May 2019
ISBN: 9781108474320
Number Of Pages: 274

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The ability of countries to promote and protect their domestic industries in the face of stiff global competition is an important consideration in any trading agreement. Member states of the World Trade Organization are expected to adhere to the WTO Agreement on Subsidies and Countervailing Measures, but to what extent do the WTO Members have policy space to subsidize their industries? Using an economically informed framework, Caiado examines the flexibilities countries may find at the WTO to grant subsidies and impose tariffs to protect designated industries. By testing the Treaty system of entitlements and enforcement mechanisms against the theory of incomplete contract, this work offers a comprehensive analysis of the capacity of the SCM Agreement to achieve its goal: the concomitant regulation of opportunistic behavior and assurance of ex post flexibility.

ISBN: 9781108474320
ISBN-10: 1108474322
Series: Cambridge International Trade and Economic Law
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 274
Published: 2nd May 2019
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 22.91 x 15.19  x 1.75
Weight (kg): 0.54

Earn 381 Qantas Points
on this Book