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Vol 25 No 2 Feb/March 2020

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


ISBN13: 9781107145085
Published: November 2018
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £80.00
Paperback edition , ISBN13 9781316508459



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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.

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

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Freedom of Transit and Access to Gas Pipeline Networks Under WTO Law ISBN 9781316615249
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The Public International Law of Trade in Legal Services ISBN 9781108423526
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The Public International Law of Trade in Legal Services (eBook) ISBN 9781108530392
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Developing Countries and Preferential Services Trade ISBN 9781316603673
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Reclaiming Development in the World Trading System 2nd ed ISBN 9781107491571
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Judicial Acts and Investment Treaty Arbitration ISBN 9781107198463
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Judicial Acts and Investment Treaty Arbitration (eBook) ISBN 9781108187541
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The Social Foundations of World Trade: Norms, Community and Constitution ISBN 9781108441933
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Freedom of Transit and Access to Gas Pipeline Networks Under WTO Law (eBook) ISBN 9781316732304
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Freedom of Transit and Access to Gas Pipeline Networks Under WTO Law ISBN 9781107163645
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Reclaiming Development in the World Trading System 2nd ed ISBN 9781107098930
Published October 2016
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Developing Countries and Preferential Services Trade ISBN 9781107147560
Published July 2016
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The WTO and International Investment Law: Converging Systems ISBN 9781107009707
Published January 2016
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The Law, Economics and Politics of International Standardisation ISBN 9781107128330
Published December 2015
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The Social Foundations of World Trade: Norms, Community and Constitution ISBN 9781107036611
Published January 2015
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Public Participation and Legitimacy in the WTO ISBN 9781107067820
Published October 2014
Cambridge University Press
The Challenge of Safeguards in the WTO ISBN 9781107071780
Published September 2014
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General Interests of Host States in International Investment Law ISBN 9781107050235
Published May 2014
Cambridge University Press
The Multilaterization of International Investment Law ISBN 9781107636507
Published January 2014
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Law, Economics and Politics of Retaliation in WTO Dispute Settlement ISBN 9781107655355
Published January 2014
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African Regional Trade Agreements as Legal Regimes ISBN 9781107670303
Published November 2013
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Domestic Judicial Review of Trade Remedies: Experiences of the Most Active WTO Members
Edited by: Muslum Yilmaz
ISBN 9781107022232
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African Regional Trade Agreements as Legal Regimes ISBN 9780521769839
Published July 2011
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Law, Economics and Politics of Retaliation in WTO Dispute Settlement ISBN 9780521119979
Published January 2010
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The Multilaterization of International Investment Law ISBN 9780521762366
Published September 2009
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