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Petros C. Mavroidis Patric The Law and Economics of Con (Paperback) (UK IMPORT)

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Specificaties

Objectstaat
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Book Title
The Law and Economics of Contingent Protection in the WTO
Publication Name
Law and Economics of Contingent Protection in the Wto
Title
The Law and Economics of Contingent Protection in the WTO
Author
Jasper M. Wauters, Patrick A. Messerlin, Petros C. Mavroidis
Format
Trade Paperback
ISBN-10
184980057X
EAN
9781849800570
ISBN
9781849800570
Publisher
Elgar Publishing, Incorporated, Edward
Genre
Law & Politics
Subject
Business & Finance
Release Date
29/01/2010
Release Year
2010
Language
English
Country/Region of Manufacture
GB
Item Height
1.4in
Item Length
9.3in
Series
Elgar International Economic Law Ser.
Publication Year
2010
Type
Textbook
Item Width
6.6in
Item Weight
33.6 Oz
Number of Pages
640 Pages

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Product Information

In this important book, three of the leading authors in the field of international economic law discuss the law and economics of the three most frequently used contingent protection instruments: anti-dumping, countervailing measures, and safeguards. When discussing countervailing measures, the authors also discuss legal challenges against prohibited and/or actionable subsidies. The authors' choice is mandated by the fact that the effects of a subsidy cannot always be confined to the market of the WTO Member wishing to react against it. Assuming there are effects outside its market, an injured WTO Member can challenge the scheme as such before a WTO Panel. Taking the three agreements for granted as a starting point, the book provides comprehensive discussion of both the original contracts, and the case law that has substantially contributed to the understanding of these agreements. The agreements discussed by the authors provide generally worded disciplines on Members and leave a lot of discretion to the investigating authorities of such Members. A great number of the many questions that arise in the course of a domestic trade remedies investigation are not explicitly addressed in these agreements. In such a situation, the authors highlight the important role that the judge has to play. Much like domestic investigating authorities adopt a line which is either more liberal or more protectionist in the application of trade remedies, the WTO adjudicator on numerous occasions was faced with similar policy problems in applying the general rules to the facts of the case before them. The authors point out that the adjudicating bodies have insisted on the unfair character of dumping in order to substantiate their relatively deferential standard of review. In the anti-dumping / countervailing duties context, case law has generally emphasized the limited character of the obligations on investigating authorities. This implies that domestic investigating authorities, following the evolution of case law, are now facing a deferential standard of review when imposing anti-dumping and countervailing duties. The book offers a contrasting view of the Agreement on Safeguards, an instrument the use of which, according to the authors, could, in principle, be defensible: WTO Members will have extra incentives to make commitments within a flexible contract. Moreover, safeguards can, in their view, help ease the pressures from domestic lobbies by facilitating (sometimes necessary) adjustment costs. However, the case law is described by the authors as having adopted a rather inflexible stance, the end result of which is that no imposition of safeguards has survived the test of consistency with WTO law. They identify the apparent rationale for the case law as an over-insistence on what they label the highly uninformative fair/unfair trade distinction. The economic analysis employed by the authors would suggest that - in the light of the unsatisfactory nature of anti-dumping measures, contrasted with the positive incentives inherent in safeguards - ultimately one could envisage merging the three instruments of contingent protection into one new safeguards instrument. Equally, they argue, this economic approach, combined with legal doctrine, offers great insight into the current provisions, allowing them to be interpreted in a more coherent and meaningful manner.

Product Identifiers

Publisher
Elgar Publishing, Incorporated, Edward
ISBN-10
184980057x
ISBN-13
9781849800570
eBay Product ID (ePID)
5038665649

Product Key Features

Author
Jasper M. Wauters, Patrick A. Messerlin, Petros C. Mavroidis
Publication Name
Law and Economics of Contingent Protection in the Wto
Format
Trade Paperback
Language
English
Publication Year
2010
Series
Elgar International Economic Law Ser.
Type
Textbook
Number of Pages
640 Pages

Dimensions

Item Length
9.3in
Item Height
1.4in
Item Width
6.6in
Item Weight
33.6 Oz

Additional Product Features

Lc Classification Number
K3585
Reviews
'All three parts [of the book] are without question extremely detailed and thorough treatises of the three different instruments of contingent protection. The case "law" of the DSB as well as policy proposals put forward in the Doha Round are referred to and analysed extensively. Every part of the book is an excellent and very thoughtful work on the respective instrument and will be helpful for everyone working in the field.'
Table of Content
Contents:PART I: ANTI-DUMPING 1. General introduction 2. Dumping 3. Injury and Causality Analysis 4. Procedural Obligations - The Tasks of the Domestic Investigating Authority 5. Conclusions PART II: SUBSIDIES 6. General Introduction to the Agreement on Subsidies and Countervailing Measures: 'Thou Shall Not Subsidize' 7. Conditions for Imposition of Countervailing Measures 8. Procedural Requirements Relevant to the Countervailing Duty Investigation 9. Counteracting Subsidies - A Two-track Approach 10. Thou Shall Not be Punished in Any Other Way 11. Special and Differential Treatment 12. Standard of Review 13. Concluding Remarks PART III: SAFEGUARDS 14. The Rationale for Safeguards 15. The Regulation of Safeguards in the WTO 16. Conclusions ReferencesIndex
Copyright Date
2010
Topic
Environmental, International / Economics, International Relations / Trade & Tariffs, Environmental Economics, International
Lccn
2007-933430
Dewey Decimal
346.044
Intended Audience
Scholarly & Professional
Dewey Edition
22
Genre
Law, Business & Economics, Political Science

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