Safeguards and Antidumping in Latin American Trade Liberalization

The binding of tariff rates and adoption of the General Agreement on Tariffs and Trade/World Trade Organization-sanctioned safeguards and antidumping mechanisms provided the basis to remove a multitude of instruments of protection in the Latin Amer...

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Main Authors: Finger, J. Michael, Nogues, Julio J.
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/07/9699795/safeguards-antidumping-latin-american-trade-liberalization
http://hdl.handle.net/10986/6817
id okr-10986-6817
recordtype oai_dc
spelling okr-10986-68172021-04-23T14:02:32Z Safeguards and Antidumping in Latin American Trade Liberalization Finger, J. Michael Nogues, Julio J. ANTIDUMPING CENTRALIZED CONTROL COST CONCEPT INSTRUMENTS OF PROTECTION SAFEGUARDS TARIFF RATES TRADE LIBERALIZATION WORLD TRADE ORGANIZATION The binding of tariff rates and adoption of the General Agreement on Tariffs and Trade/World Trade Organization-sanctioned safeguards and antidumping mechanisms provided the basis to remove a multitude of instruments of protection in the Latin American countries discussed in this paper. At the same time, they helped in maintaining centralized control over the management of pressures for protection in agencies with economy-wide accountabilities. The World Trade Organization's procedural requirements (for example, to follow published criteria, or participation by interested parties) helped leaders to change the culture of decision-making from one based on relationships to one based on objective criteria. However, when Latin American governments attempted to introduce economic sense - such as base price comparisons on an economically sensible measure of long-run international price rather than the more generous constructed cost concept that is the core of WTO rules - protection-seekers used the rules against them. They pointed out that World Trade Organization rules do not require the use of such criteria, nor do procedures in leading users (industrial countries) include such criteria. In sum, the administrative content of the rules supported liberalization; the economic content did not. 2012-05-31T21:42:06Z 2012-05-31T21:42:06Z 2008-07 http://documents.worldbank.org/curated/en/2008/07/9699795/safeguards-antidumping-latin-american-trade-liberalization http://hdl.handle.net/10986/6817 English Policy Research Working Paper No. 4680 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ANTIDUMPING
CENTRALIZED CONTROL
COST CONCEPT
INSTRUMENTS OF PROTECTION
SAFEGUARDS
TARIFF RATES
TRADE LIBERALIZATION
WORLD TRADE ORGANIZATION
spellingShingle ANTIDUMPING
CENTRALIZED CONTROL
COST CONCEPT
INSTRUMENTS OF PROTECTION
SAFEGUARDS
TARIFF RATES
TRADE LIBERALIZATION
WORLD TRADE ORGANIZATION
Finger, J. Michael
Nogues, Julio J.
Safeguards and Antidumping in Latin American Trade Liberalization
geographic_facet Latin America & Caribbean
relation Policy Research Working Paper No. 4680
description The binding of tariff rates and adoption of the General Agreement on Tariffs and Trade/World Trade Organization-sanctioned safeguards and antidumping mechanisms provided the basis to remove a multitude of instruments of protection in the Latin American countries discussed in this paper. At the same time, they helped in maintaining centralized control over the management of pressures for protection in agencies with economy-wide accountabilities. The World Trade Organization's procedural requirements (for example, to follow published criteria, or participation by interested parties) helped leaders to change the culture of decision-making from one based on relationships to one based on objective criteria. However, when Latin American governments attempted to introduce economic sense - such as base price comparisons on an economically sensible measure of long-run international price rather than the more generous constructed cost concept that is the core of WTO rules - protection-seekers used the rules against them. They pointed out that World Trade Organization rules do not require the use of such criteria, nor do procedures in leading users (industrial countries) include such criteria. In sum, the administrative content of the rules supported liberalization; the economic content did not.
format Publications & Research :: Policy Research Working Paper
author Finger, J. Michael
Nogues, Julio J.
author_facet Finger, J. Michael
Nogues, Julio J.
author_sort Finger, J. Michael
title Safeguards and Antidumping in Latin American Trade Liberalization
title_short Safeguards and Antidumping in Latin American Trade Liberalization
title_full Safeguards and Antidumping in Latin American Trade Liberalization
title_fullStr Safeguards and Antidumping in Latin American Trade Liberalization
title_full_unstemmed Safeguards and Antidumping in Latin American Trade Liberalization
title_sort safeguards and antidumping in latin american trade liberalization
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/07/9699795/safeguards-antidumping-latin-american-trade-liberalization
http://hdl.handle.net/10986/6817
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