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WTO Disciplines on Subsidies and Countervailing Measures
Balancing Policy Space and Legal Constraints

$124.00 ( ) USD

Part of Cambridge International Trade and Economic Law

  • Date Published: April 2014
  • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • format: Adobe eBook Reader
  • isbn: 9781139898386

$ 124.00 USD ( )
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  • Does the WTO leave appropriate policy space to its Members to pursue legitimate objectives, such as the economic development of developing countries, the conversion to a greener economy, or recovery in times of a global economic downturn? This legal and normative analysis of the WTO rules on subsidies and countervailing measures sheds light on why governments resort to subsidization and, by tracing the historical origins of the SCM Agreement and the Agreement on Agriculture, on why they have been willing to gradually confine their policy space. This sets the stage for a systematic and comprehensive legal analysis of both agreements, which integrates the vast amount of case law and proposals tabled in the Doha round. A separate case study explores the complex rules on export credit support, and the book closes with an in-depth normative assessment of these WTO rules on subsidies and countervailing measures.

    • Clear and comprehensive overview of WTO disciplines on industrial and agricultural subsidies integrates complex WTO case law and will appeal to those looking for an accessible introduction to the SCM Agreement and Agreement on Agriculture
    • Normative evaluation of WTO rules on subsidies is accessible to non-economists and will be relevant to those interested in the 'policy space' debate on whether the WTO rules overly confine Members' freedom to subsidise their national industries
    • In-depth case study on WTO disciplines on export credit support for industrial and agricultural products helps to shed light on the complex rules involved
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    Product details

    • Date Published: April 2014
    • format: Adobe eBook Reader
    • isbn: 9781139898386
    • contains: 6 b/w illus.
    • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • Table of Contents

    General introduction
    1. Rationales for offering subsidies
    Part I. Legal Disciplines on Subsidization and the Imposition of Countervailing Measures:
    2. Historical overview
    3. Scope of the SCM Agreement
    4. Disciplines on subsidies
    5. Remedies
    6. Differential treatment
    Part II. Case Study: WTO Disciplines on Export Credit Support:
    7. Export credit support
    8. Rationale for disciplining export credit support: historical context
    9. Main elements of the OECD Arrangement
    10. Disciplines on export credit support for non-agricultural products
    11. Disciplines on export credit support for agricultural products
    12. Export credit support in light of the GATS
    13. Negotiations on export credit support disciplines in the Doha round
    14. Conclusion: normative analysis of disciplines on export credit support
    Part III. Normative Analysis of Disciplines on Subsidization and the Imposition of Countervailing Measures:
    15. The scope of the SCM Agreement: specific subsidies
    16. Disciplines on subsidization by developed countries
    17. Disciplines on subsidization by developing countries
    18. Disciplines on countervailing measures
    19. Disciplines on subsidies in light of policy responses to the economic crisis
    Overall conclusion.

  • Author

    Dominic Coppens, Sidley Austin LLP, Geneva
    Dominic Coppens is an associate at Sidley Austin LLP's Geneva office, where he is a member of the firm's International Trade and Arbitration group. He advises governments and private stakeholders on international trade matters, with a focus on dispute settlement under the auspices of the World Trade Organization. He is also an associate member of the Leuven Centre for Global Governance Studies at the University of Leuven, Belgium.

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