The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis

This paper examines newly available data from the World Bank-sponsored Global Antidumping Database tracking the worldwide use of trade remedies such as antidumping, countervailing duties, global safeguards and China-specific safeguards during the c...

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Bibliographic Details
Main Author: Bown, Chad P.
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090914083619
http://hdl.handle.net/10986/4243
id okr-10986-4243
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE CONSEQUENCES
ADVERSE EFFECT
AGREEMENT ON SAFEGUARDS
AGRICULTURE
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING DATABASE
ANTIDUMPING DUTIES
ANTIDUMPING FILINGS
ANTIDUMPING MEASURES
ANTIDUMPING PETITIONS
ANTIDUMPING POLICY
ANTIDUMPING PROCEDURES
ANTIDUMPING REGULATIONS
APPAREL
APPAREL EXPORTS
APPAREL INDUSTRIES
APPAREL PRODUCERS
APPLIED TARIFF
BENCHMARK
CARTEL
CAUSE FOR CONCERN
COLLUSION
COMMERCIAL POLICY
COMMITTEE ON SUBSIDIES
COMPETITIVENESS
COMPETITIVENESS CONCERNS
CONSUMERS
COUNTERVAILING DUTIES
COUNTERVAILING MEASURES
CREDIT CONSTRAINTS
DEMAND CURVE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPING ECONOMY
DEVELOPMENT ECONOMICS
DISPUTE SETTLEMENT
DOMESTIC INDUSTRY
DUMPED IMPORTS
ECONOMIC CRISIS
ECONOMIC DOWNTURNS
ECONOMIC EFFICIENCY
ECONOMIC RESEARCH
ECONOMIC WELFARE
ECONOMICS RESEARCH
EUROPEAN UNION
EXCHANGE RATE
EXPORT PRODUCTS
EXPORT SECTORS
EXPORT VOLUMES
EXPORTERS
EXPORTING COUNTRIES
EXPORTING COUNTRY
EXPORTS
EXTERNALITIES
FAIR TRADE
FAIR VALUE
FINANCIAL CRISIS
FOREIGN COMPETITORS
FOREIGN COUNTRIES
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FOREIGN MARKETS
FOREIGN SOURCES
FOREIGN SUPPLIERS
GLOBAL MARKETPLACE
GLOBAL MARKETS
GLOBAL TRADE
GLOBALIZATION
HOME COUNTRY
IMPORT COMPETITION
IMPORT DATA
IMPORT PROTECTION
IMPORT RESTRICTION
IMPORT RESTRICTIONS
IMPORTING COUNTRIES
IMPORTING COUNTRY
INCOME
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL BUSINESS
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
JOINT VENTURE
JURISDICTIONS
MACROECONOMIC FACTORS
MANAGED TRADE
MERGERS
MULTINATIONAL FIRM
MULTINATIONAL FIRMS
NEW PRODUCT
NON-MARKET ECONOMY
OUTPUT
POLICY BASIS
POLICY RESEARCH
POLITICAL ECONOMY
PRICE UNDERTAKING
PROCESS OF ADJUSTMENT
PROTECTIONISM
PROTECTIONIST
PROTECTIONIST MEASURES
PROTECTIONIST POLICIES
PROTECTIONIST PRESSURES
PUBLIC RECORDS
QUANTITATIVE RESTRICTIONS
SAFEGUARD PROTECTION
SOURCING
TARIFF BINDINGS
TARIFF RATES
TARIFF SCHEDULES
TRADE BARRIER
TRADE BARRIERS
TRADE DATA
TRADE DEFLECTION
TRADE DIVERSION
TRADE EFFECTS
TRADE FLOWS
TRADE POLICIES
TRADE POLICY
TRADE POLICY INSTRUMENTS
TRADE PROTECTION
TRADE REMEDIES
TRADE REMEDY
TRADE REMEDY LAWS
TRADE RESTRICTION
TRADE RESTRICTIONS
TRADE VALUE
TRANSPARENCY
TRANSPARENCY INITIATIVE
VALUE OF IMPORTS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
WTO
spellingShingle ADVERSE CONSEQUENCES
ADVERSE EFFECT
AGREEMENT ON SAFEGUARDS
AGRICULTURE
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING DATABASE
ANTIDUMPING DUTIES
ANTIDUMPING FILINGS
ANTIDUMPING MEASURES
ANTIDUMPING PETITIONS
ANTIDUMPING POLICY
ANTIDUMPING PROCEDURES
ANTIDUMPING REGULATIONS
APPAREL
APPAREL EXPORTS
APPAREL INDUSTRIES
APPAREL PRODUCERS
APPLIED TARIFF
BENCHMARK
CARTEL
CAUSE FOR CONCERN
COLLUSION
COMMERCIAL POLICY
COMMITTEE ON SUBSIDIES
COMPETITIVENESS
COMPETITIVENESS CONCERNS
CONSUMERS
COUNTERVAILING DUTIES
COUNTERVAILING MEASURES
CREDIT CONSTRAINTS
DEMAND CURVE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPING ECONOMY
DEVELOPMENT ECONOMICS
DISPUTE SETTLEMENT
DOMESTIC INDUSTRY
DUMPED IMPORTS
ECONOMIC CRISIS
ECONOMIC DOWNTURNS
ECONOMIC EFFICIENCY
ECONOMIC RESEARCH
ECONOMIC WELFARE
ECONOMICS RESEARCH
EUROPEAN UNION
EXCHANGE RATE
EXPORT PRODUCTS
EXPORT SECTORS
EXPORT VOLUMES
EXPORTERS
EXPORTING COUNTRIES
EXPORTING COUNTRY
EXPORTS
EXTERNALITIES
FAIR TRADE
FAIR VALUE
FINANCIAL CRISIS
FOREIGN COMPETITORS
FOREIGN COUNTRIES
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FOREIGN MARKETS
FOREIGN SOURCES
FOREIGN SUPPLIERS
GLOBAL MARKETPLACE
GLOBAL MARKETS
GLOBAL TRADE
GLOBALIZATION
HOME COUNTRY
IMPORT COMPETITION
IMPORT DATA
IMPORT PROTECTION
IMPORT RESTRICTION
IMPORT RESTRICTIONS
IMPORTING COUNTRIES
IMPORTING COUNTRY
INCOME
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL BUSINESS
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
JOINT VENTURE
JURISDICTIONS
MACROECONOMIC FACTORS
MANAGED TRADE
MERGERS
MULTINATIONAL FIRM
MULTINATIONAL FIRMS
NEW PRODUCT
NON-MARKET ECONOMY
OUTPUT
POLICY BASIS
POLICY RESEARCH
POLITICAL ECONOMY
PRICE UNDERTAKING
PROCESS OF ADJUSTMENT
PROTECTIONISM
PROTECTIONIST
PROTECTIONIST MEASURES
PROTECTIONIST POLICIES
PROTECTIONIST PRESSURES
PUBLIC RECORDS
QUANTITATIVE RESTRICTIONS
SAFEGUARD PROTECTION
SOURCING
TARIFF BINDINGS
TARIFF RATES
TARIFF SCHEDULES
TRADE BARRIER
TRADE BARRIERS
TRADE DATA
TRADE DEFLECTION
TRADE DIVERSION
TRADE EFFECTS
TRADE FLOWS
TRADE POLICIES
TRADE POLICY
TRADE POLICY INSTRUMENTS
TRADE PROTECTION
TRADE REMEDIES
TRADE REMEDY
TRADE REMEDY LAWS
TRADE RESTRICTION
TRADE RESTRICTIONS
TRADE VALUE
TRANSPARENCY
TRANSPARENCY INITIATIVE
VALUE OF IMPORTS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
WTO
Bown, Chad P.
The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5051
description This paper examines newly available data from the World Bank-sponsored Global Antidumping Database tracking the worldwide use of trade remedies such as antidumping, countervailing duties, global safeguards and China-specific safeguards during the current economic crisis. The data indicate a marked increase in WTO members combined resort to these instruments beginning in 2008 that continued into the first quarter 2009. The use of these import-restricting instruments is increasingly affecting "South-South" trade, i.e., developing country importers initiating and imposing new protectionist measures primarily affecting developing country exporters, with a special emphasis on exports from China. However, the collective value of imports in 2007 for the major (G-20) economies that has subsequently come under attack by the use of import-restricting trade remedies during the period of 2008 to early 2009 is likely less than $29 billion, or less than 0.45 per cent of these economies total imports, though there is substantial variation across countries. While the level of trade affected thus far may be small for most of these economies, a first assessment of some of the case-level data identifies a number of ways in which the crisis use of these import-restricting trade remedies may have economically important welfare-distorting effects on economic activity.
format Publications & Research :: Policy Research Working Paper
author Bown, Chad P.
author_facet Bown, Chad P.
author_sort Bown, Chad P.
title The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis
title_short The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis
title_full The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis
title_fullStr The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis
title_full_unstemmed The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis
title_sort global resort to antidumping, safeguards, and other trade remedies amidst the economic crisis
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090914083619
http://hdl.handle.net/10986/4243
_version_ 1764390566567608320
spelling okr-10986-42432021-04-23T14:02:16Z The Global Resort to Antidumping, Safeguards, and other Trade Remedies amidst the Economic Crisis Bown, Chad P. ADVERSE CONSEQUENCES ADVERSE EFFECT AGREEMENT ON SAFEGUARDS AGRICULTURE ANTIDUMPING ANTIDUMPING ACTIONS ANTIDUMPING DATABASE ANTIDUMPING DUTIES ANTIDUMPING FILINGS ANTIDUMPING MEASURES ANTIDUMPING PETITIONS ANTIDUMPING POLICY ANTIDUMPING PROCEDURES ANTIDUMPING REGULATIONS APPAREL APPAREL EXPORTS APPAREL INDUSTRIES APPAREL PRODUCERS APPLIED TARIFF BENCHMARK CARTEL CAUSE FOR CONCERN COLLUSION COMMERCIAL POLICY COMMITTEE ON SUBSIDIES COMPETITIVENESS COMPETITIVENESS CONCERNS CONSUMERS COUNTERVAILING DUTIES COUNTERVAILING MEASURES CREDIT CONSTRAINTS DEMAND CURVE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPING ECONOMY DEVELOPMENT ECONOMICS DISPUTE SETTLEMENT DOMESTIC INDUSTRY DUMPED IMPORTS ECONOMIC CRISIS ECONOMIC DOWNTURNS ECONOMIC EFFICIENCY ECONOMIC RESEARCH ECONOMIC WELFARE ECONOMICS RESEARCH EUROPEAN UNION EXCHANGE RATE EXPORT PRODUCTS EXPORT SECTORS EXPORT VOLUMES EXPORTERS EXPORTING COUNTRIES EXPORTING COUNTRY EXPORTS EXTERNALITIES FAIR TRADE FAIR VALUE FINANCIAL CRISIS FOREIGN COMPETITORS FOREIGN COUNTRIES FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN MARKETS FOREIGN SOURCES FOREIGN SUPPLIERS GLOBAL MARKETPLACE GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION HOME COUNTRY IMPORT COMPETITION IMPORT DATA IMPORT PROTECTION IMPORT RESTRICTION IMPORT RESTRICTIONS IMPORTING COUNTRIES IMPORTING COUNTRY INCOME INTERMEDIATE INPUTS INTERNATIONAL BANK INTERNATIONAL BUSINESS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE JOINT VENTURE JURISDICTIONS MACROECONOMIC FACTORS MANAGED TRADE MERGERS MULTINATIONAL FIRM MULTINATIONAL FIRMS NEW PRODUCT NON-MARKET ECONOMY OUTPUT POLICY BASIS POLICY RESEARCH POLITICAL ECONOMY PRICE UNDERTAKING PROCESS OF ADJUSTMENT PROTECTIONISM PROTECTIONIST PROTECTIONIST MEASURES PROTECTIONIST POLICIES PROTECTIONIST PRESSURES PUBLIC RECORDS QUANTITATIVE RESTRICTIONS SAFEGUARD PROTECTION SOURCING TARIFF BINDINGS TARIFF RATES TARIFF SCHEDULES TRADE BARRIER TRADE BARRIERS TRADE DATA TRADE DEFLECTION TRADE DIVERSION TRADE EFFECTS TRADE FLOWS TRADE POLICIES TRADE POLICY TRADE POLICY INSTRUMENTS TRADE PROTECTION TRADE REMEDIES TRADE REMEDY TRADE REMEDY LAWS TRADE RESTRICTION TRADE RESTRICTIONS TRADE VALUE TRANSPARENCY TRANSPARENCY INITIATIVE VALUE OF IMPORTS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO This paper examines newly available data from the World Bank-sponsored Global Antidumping Database tracking the worldwide use of trade remedies such as antidumping, countervailing duties, global safeguards and China-specific safeguards during the current economic crisis. The data indicate a marked increase in WTO members combined resort to these instruments beginning in 2008 that continued into the first quarter 2009. The use of these import-restricting instruments is increasingly affecting "South-South" trade, i.e., developing country importers initiating and imposing new protectionist measures primarily affecting developing country exporters, with a special emphasis on exports from China. However, the collective value of imports in 2007 for the major (G-20) economies that has subsequently come under attack by the use of import-restricting trade remedies during the period of 2008 to early 2009 is likely less than $29 billion, or less than 0.45 per cent of these economies total imports, though there is substantial variation across countries. While the level of trade affected thus far may be small for most of these economies, a first assessment of some of the case-level data identifies a number of ways in which the crisis use of these import-restricting trade remedies may have economically important welfare-distorting effects on economic activity. 2012-03-19T19:12:28Z 2012-03-19T19:12:28Z 2009-09-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090914083619 http://hdl.handle.net/10986/4243 English Policy Research working paper ; no. WPS 5051 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region