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  3. WTO Disciplines on Subsidies and Countervailing Measures
  • Cited by 28
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    • Publisher:
      Cambridge University Press
      Publication date:
      June 2014
      May 2014
      ISBN:
      9781139046589
      9781107014770
      DOI:
      https://doi.org/10.1017/CBO9781139046589
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      1.09kg, 696 Pages
      Dimensions:
      Weight & Pages:
      • Subjects:
      Economics, International Economics, Law, International Trade Law
      Series:
      Cambridge International Trade and Economic Law (12)
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    Subjects:
    Economics, International Economics, Law, International Trade Law
    Series:
    Cambridge International Trade and Economic Law (12)
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    Book description

    Does the WTO leave appropriate policy space to its Members to pursue legitimate objectives, such as the economic development of developing countries, the conversion to a greener economy, or recovery in times of a global economic downturn? This legal and normative analysis of the WTO rules on subsidies and countervailing measures sheds light on why governments resort to subsidization and, by tracing the historical origins of the SCM Agreement and the Agreement on Agriculture, on why they have been willing to gradually confine their policy space. This sets the stage for a systematic and comprehensive legal analysis of both agreements, which integrates the vast amount of case law and proposals tabled in the Doha round. A separate case study explores the complex rules on export credit support, and the book closes with an in-depth normative assessment of these WTO rules on subsidies and countervailing measures.

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