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Vol 23 No 7 July/August 2018

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


ISBN13: 9781107145085
To be Published: September 2018
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £80.00



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.

Subjects:
International Trade
Contents:
Part I. General Tools of Industrial Policy:
1. Industrial Policy under the Global Trade Regime
1.1. The Conceptual Framework for Industrial Policy
1.2. The Multilateral Trading System and Industrial Policy
1.3. Concluding Remarks
2. Protection of Domestic Industry
2.1. Border Restrictions
2.2. Taxes
2.3. Product Standards
2.4. Protection of Services Industries
2.5. Concluding Remarks
3. Promotion of Domestic Industry
3.1. The Economics of Government Subsidies
3.2. The WTO Subsidy Regime
3.3. Industrial Policies in Upstream Sectors
3.4. Concluding Remarks

Part II. Special Topics of Industrial Policy:
4. Free Zones and Industrial Development
4.1. Free Zones as an Industrial Policy Tool
4.2. Free Zones under the Revised Kyoto Convention
4.3. Free Zones under WTO Rules
4.4. Customs and Trade Rules: Some Questions of Concurrent Application
4.5. Concluding Remarks
5. Local Content Requirements and Industrialization
5.1. LCRs and World Practice
5.2. Review of the Economic Literature
5.3. The Scope of the WTO-Applicability to LCRs
5.4. Legality of LCRs under WTO Rules
5.5. Data Localization Requirements as an Emerging Issue
5.6. Concluding Remarks
6. The Greening of Industrial Policy
6.1. Environmental Dimensions of Industrial Policy and Trade
6.2. Border Carbon Adjustments
6.3. Renewable Energy Subsidies
6.4. Environmental Labels
6.5. Environmental Exceptions under GATT Article XX
6.6. Harmonization of the Trade and Environmental Regimes
6.7. Concluding Remarks
7. Industrial Policy in the Age of Creative Economy
7.1. Creative Economy as a New Paradigm of Industrial Policy
7.2. The Status of Creative Products under the WTO Legal Framework
7.3. Creative Economy and Technological Progress under WTO Law
7.4. Policy Space for Trade Restrictions on Creative Products
7.5. Concluding Remarks.

Series: Cambridge International Trade and Economic Law

The Return of the Home State to Investor-State Disputes: Bringing Back Diplomatic Protection? ISBN 9781108473385
To be published February 2019
Cambridge University Press
£95.00
The Public International Law of Trade in Legal Services ISBN 9781108423526
To be published November 2018
Cambridge University Press
£85.00
Developing Countries and Preferential Services Trade ISBN 9781316603673
Published June 2018
Cambridge University Press
£25.99
Reclaiming Development in the World Trading System 2nd ed ISBN 9781107491571
Published June 2018
Cambridge University Press
£29.99
Judicial Acts and Investment Treaty Arbitration ISBN 9781107198463
Published January 2018
Cambridge University Press
£85.00
Judicial Acts and Investment Treaty Arbitration (eBook) ISBN 9781108187541
Published January 2018
Cambridge University Press
£68.00 + £13.60 VAT
(ePub)
Buy
£76.00 + £15.20 VAT
(ePub)
Buy
£95.00
The Social Foundations of World Trade: Norms, Community and Constitution ISBN 9781108441933
Published September 2017
Cambridge University Press
£22.99
Freedom of Transit and Access to Gas Pipeline Networks Under WTO Law (eBook) ISBN 9781316732304
Published April 2017
Cambridge University Press
£76.00 + £15.20 VAT
(ePub)
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Freedom of Transit and Access to Gas Pipeline Networks Under WTO Law ISBN 9781107163645
Published April 2017
Cambridge University Press
£95.00
Reclaiming Development in the World Trading System 2nd ed ISBN 9781107098930
Published October 2016
Cambridge University Press
£89.99
Establishing Judicial Authority in International Economic Law ISBN 9781107147102
Published July 2016
Cambridge University Press
£69.99
Developing Countries and Preferential Services Trade ISBN 9781107147560
Published July 2016
Cambridge University Press
£69.99
Trade, Investment, Innovation and their Impact on Access to Medicines: An Asian Perspective ISBN 9781107072732
Published February 2016
Cambridge University Press
£79.99
The WTO and International Investment Law: Converging Systems ISBN 9781107009707
Published January 2016
Cambridge University Press
£69.99
The Law, Economics and Politics of International Standardisation ISBN 9781107128330
Published December 2015
Cambridge University Press
£89.99
Export Restrictions on Critical Minerals and Metals: Testing the Adequacy of WTO Disciplines ISBN 9781107085961
Published December 2015
Cambridge University Press
£79.99
The Social Foundations of World Trade: Norms, Community and Constitution ISBN 9781107036611
Published January 2015
Cambridge University Press
£77.00
£26.99
The Law and Politics of WTO Waivers: Stability and Flexibility in Public International Law ISBN 9781107471115
Published November 2014
Cambridge University Press
£28.99
International Organizations in WTO Dispute Settlement: How Much Institutional Sensitivity? ISBN 9781107471139
Published November 2014
Cambridge University Press
£26.99
Public Participation and Legitimacy in the WTO ISBN 9781107067820
Published October 2014
Cambridge University Press
£82.00
The Challenge of Safeguards in the WTO ISBN 9781107071780
Published September 2014
Cambridge University Press
£77.00
General Interests of Host States in International Investment Law ISBN 9781107050235
Published May 2014
Cambridge University Press
£77.00
The Multilaterization of International Investment Law ISBN 9781107636507
Published January 2014
Cambridge University Press
£28.99
Trade Policy Flexibility and Enforcement in the WTO: A Law and Economics Analysis ISBN 9781107638181
Published January 2014
Cambridge University Press
£29.99
£35.99
Non-Discrimination in International Trade in Services: ‘Likeness' in WTO/GATS ISBN 9781107697669
Published January 2014
Cambridge University Press
£35.99
Law, Economics and Politics of Retaliation in WTO Dispute Settlement ISBN 9781107655355
Published January 2014
Cambridge University Press
£35.99
£82.00
African Regional Trade Agreements as Legal Regimes ISBN 9781107670303
Published November 2013
Cambridge University Press
£35.99
Domestic Judicial Review of Trade Remedies: Experiences of the Most Active WTO Members
Edited by: Muslum Yilmaz
ISBN 9781107022232
Published January 2013
Cambridge University Press
£88.00
£77.00
International Organizations in WTO Dispute Settlement: How Much Institutional Sensitivity? ISBN 9781107028241
Published November 2012
Cambridge University Press
£77.00
£82.00
The Law and Politics of WTO Waivers: Stability and Flexibility in Public International Law ISBN 9781107012899
Published November 2011
Cambridge University Press
£65.00
African Regional Trade Agreements as Legal Regimes ISBN 9780521769839
Published July 2011
Cambridge University Press
£93.00
£98.00
Non-Discrimination in International Trade in Services: ‘Likeness' in WTO/GATS ISBN 9780521191869
Published October 2010
Cambridge University Press
£93.00
Law, Economics and Politics of Retaliation in WTO Dispute Settlement ISBN 9780521119979
Published January 2010
Cambridge University Press
£103.00
The Multilaterization of International Investment Law ISBN 9780521762366
Published September 2009
Cambridge University Press
£93.00
Trade Policy Flexibility and Enforcement in the WTO: A Law and Economics Analysis ISBN 9780521761208
Published August 2009
Cambridge University Press
£82.00