Subsidies In The Context Of The Wto's Free Trade System: A Legal And Economic Analysis Subsidies In The Context Of The World Trade Organization's Free Trade System

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.-- Regulating Free Trade From The Wto Perspective -- Subsidies In International Trade From The Wto Perspective -- Discussing Agricultural Subsidies : From The Wto Perspective -- Subsidies For Dumping -- Unfolding Intricacies Of Trade Subsidies Through The Wto Rules Of Origin -- The Impact Of Trade Subsidies On The Environment : A Problem For The Wto Trading System -- Remedies : The Procedural Measures -- Conclusions And Suggestions. Gurwinder Singh. Includes Bibliographical References. "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."--Page 4 de la couverture Annotation 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 Front Matter ....Pages i-xix Regulating Free Trade from the WTO Perspective (Gurwinder Singh)....Pages 1-35 Subsidies in International Trade from the WTO Perspective (Gurwinder Singh)....Pages 37-133 Discussing Agriculture Subsidies; from the WTO Perspective (Gurwinder Singh)....Pages 135-196 Subsidies for Dumping (Gurwinder Singh)....Pages 197-222 Unfolding the Intricacies of Trade Subsidies Through the WTO Rules of Origin (Gurwinder Singh)....Pages 223-261 The Impact of Trade Subsidies on the Environment: A Problem for the WTO Trading System (Gurwinder Singh)....Pages 263-298 Remedies: The Procedural Measures (Gurwinder Singh)....Pages 299-323 Conclusions and Suggestions (Gurwinder Singh)....Pages 325-329 Back Matter ....Pages 331-351