Industrial Policy and the World Trade Organization : Between Legal Constraints and Flexibilities - Sherzod Shadikhodjaev

Industrial Policy and the World Trade Organization

Between Legal Constraints and Flexibilities

By: Sherzod Shadikhodjaev

Paperback | 26 March 2020

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The severe global financial crisis of 2008 could not be overcome without government interventions through industrial policy. This timely book analyses industrial policy from the perspectives of trade law and economics under the WTO system. The author expertly examines both general tools of protecting and supporting domestic producers and specific topics like special economic zones, localization, greening measures and creative economy. In addition to legal texts and jurisprudence, this book extensively utilizes other WTO materials to show what is actually discussed in WTO meetings and forums on relevant issues. Where applicable, the author advances practical recommendations for ''right'' or ''optimal'' industrial policy in certain contexts based on trade rules, case law and some countries'' real experiences. The author concludes this work with some thoughts on concrete actions to be taken at the WTO and national levels and in academic circles in order to better tackle industrial policy issues.
Industry Reviews
'Professor Shadikhodjaev has written a must-have reference book for anyone who cares about the role of governments in the global economy and world trading system.' Julia Ya Qin, Wayne State University and Peking University International Law Institute
'This informative book describes what forms of industrial policy are consistent with the rules of the World Trade Organization. The book is densely written and thick with legal terminology, but it is valuable as an authoritative reference work. In addition to analyzing WTO policies, Shadikhodjaev provides a useful catalog of areas where the WTO's rules are ambiguous and suggests how they might be clarified and improved.' Richard N. Cooper, Foreign Affairs

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