Industrial Subsidies and Friction in World Trade: Trade Policy or Trade Politics?

By Rambod Behboodi | Go to book overview

CONTENTS
Acknowledgementsix
Abbreviations and specialised termsxi
Part IThe background
1 INTRODUCTION 3
2 DOMESTIC INDUSTRIAL SUBSIDIES IN INTERNATIONAL TRADE THEORY 7
Introduction7
Classical free trade theory8
Subsidies as trade barriers10
Critique of the classical theory of free trade15
Critical appraisal of subsidies in an imperfect market24
The political economy of subsidisation32
Evaluation: principle or chaos?41
Part II:International institutions for the regulation of subsidies
INTRODUCTION 47
3 MULTILATERAL REGULATION OF SUBSIDIES 50
Introduction50
GATT Track II50
European Free Trade Association56
The European Economic Area67
Multi/bilateralism: and they negotiated happily ever after?78

-vii-

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Industrial Subsidies and Friction in World Trade: Trade Policy or Trade Politics?
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Acknowledgements ix
  • List of Abbreviations and Specialised Terms xi
  • Part I - The Background 1
  • 1 - Introduction 3
  • 2 - Domestic Industrial Subsidies in International Trade Theory 7
  • Part II - International Institutions for the Regulation of Subsidies 45
  • Introduction 47
  • 3 - Multilateral Regulation of Subsidies 50
  • 4 - Supranational Regulation of Subsidies 81
  • 5 - Unilateral Regulation of Subsidies 97
  • Part III - The Outlook 131
  • 6 - The Uruguay Round 133
  • 7 - Conclusion 151
  • Notes 157
  • Bibliography 193
  • Index 208
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