Subsidies in the Context of the WTO's Free Trade System

A Legal and Economic Analysis

Authors: Singh, Gurwinder

  • Covers both legal and economic analysis
  • Helps policymakers to resolve issues such as the effect of (artificial) currency devaluation, and the protectionist effects of tariff measures on exports and imports
  • Discusses differences in the motivation for using subsidies between Developed and Developing countries
see more benefits

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-3-319-62422-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA
valid through November 5, 2017
  • ISBN 978-3-319-62421-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book analyses subsidies from various perspectives and creates a model that determines whether or not their use is justified. Further, it analyses the various causes of trade distortion, trade-discriminatory practices, and other issues associated with unregulated subsidies. In addition, the book considers how these issues fall within the scope of subsidies described under the SCM Agreement.

The primary discussion from the perspective of WTO objective concerns the trade practice of awarding subsidies, for exports and also for protectionist purposes. Here, the terms justifiable and non-justifiable are used as hypothetical parameters to determine the extent of state support, considering the country classification based on economic and technological criteria, and their objectives for development. These parameters are distinct from Prohibited, Actionable, and Non-Actionable subsidies, as classified under the SCM Agreement.

Subsidies awarded for the purposes of development and for welfare are considered as justifiable, whereas subsidies for the promotion of exports or state measures adopted for protectionist purposes are non-justifiable.  Lastly, the book addresses the implications of such subsidies on the core objectives of the WTO and in connection with fair trade values.

Table of contents (8 chapters)

  • Regulating Free Trade from the WTO Perspective

    Singh, Gurwinder

    Pages 1-35

  • Subsidies in International Trade from the WTO Perspective

    Singh, Gurwinder

    Pages 37-133

  • Discussing Agriculture Subsidies; from the WTO Perspective

    Singh, Gurwinder

    Pages 135-196

  • Subsidies for Dumping

    Singh, Gurwinder

    Pages 197-222

  • Unfolding the Intricacies of Trade Subsidies Through the WTO Rules of Origin

    Singh, Gurwinder

    Pages 223-261

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-3-319-62422-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA
valid through November 5, 2017
  • ISBN 978-3-319-62421-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Subsidies in the Context of the WTO's Free Trade System
Book Subtitle
A Legal and Economic Analysis
Authors
Copyright
2017
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing AG
eBook ISBN
978-3-319-62422-8
DOI
10.1007/978-3-319-62422-8
Hardcover ISBN
978-3-319-62421-1
Edition Number
1
Number of Pages
XIX, 351
Number of Illustrations and Tables
1 b/w illustrations
Topics