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Industrial Policy and the World Trade Organization Sherzod Shadikhodjaev

Industrial Policy and the World Trade Organization By Sherzod Shadikhodjaev

Industrial Policy and the World Trade Organization by Sherzod Shadikhodjaev

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Summary

This book will appeal to government officials, researchers, scholars, students and others interested in public policy in the areas of industry and trade. The book explains, in accessible language, highly technical WTO rules and jurisprudence to point out and discuss restrictions and flexibility's vis-a-vis industrial policy-makers.

Industrial Policy and the World Trade Organization Summary

Industrial Policy and the World Trade Organization: Between Legal Constraints and Flexibilities by Sherzod Shadikhodjaev

The severe global financial crisis of 2008 could not be overcome without government interventions through industrial policy. This timely book analyses industrial policy from the perspectives of trade law and economics under the WTO system. The author expertly examines both general tools of protecting and supporting domestic producers and specific topics like special economic zones, localization, greening measures and creative economy. In addition to legal texts and jurisprudence, this book extensively utilizes other WTO materials to show what is actually discussed in WTO meetings and forums on relevant issues. Where applicable, the author advances practical recommendations for 'right' or 'optimal' industrial policy in certain contexts based on trade rules, case law and some countries' real experiences. The author concludes this work with some thoughts on concrete actions to be taken at the WTO and national levels and in academic circles in order to better tackle industrial policy issues.

Industrial Policy and the World Trade Organization Reviews

'Professor Shadikhodjaev has written a must-have reference book for anyone who cares about the role of governments in the global economy and world trading system.' Julia Ya Qin, Wayne State University and Peking University International Law Institute
'This informative book describes what forms of industrial policy are consistent with the rules of the World Trade Organization. The book is densely written and thick with legal terminology, but it is valuable as an authoritative reference work. In addition to analyzing WTO policies, Shadikhodjaev provides a useful catalog of areas where the WTO's rules are ambiguous and suggests how they might be clarified and improved.' Richard N. Cooper, Foreign Affairs

About Sherzod Shadikhodjaev

Sherzod Shadikhodjaev is a professor at the KDI School of Public Policy and Management. He obtained his L.L.B. (with honours) from the University of World Economy and Diplomacy (Uzbekistan), and L.L.M. and Ph.D. in Law from the Korea University. Previously, he worked for the Korea Institute for International Economic Policy as a research fellow. He has done extensive academic and policy research in international economic law. His book Retaliation in the WTO Dispute Settlement System was published in 2009. His articles were published in globally recognized journals, including American Journal of International Law, Chinese Journal of International Law, the Journal of International Economic Law, World Trade Review and the Journal of World Trade.

Table of Contents

Part I. General Tools of Industrial Policy: 1. Industrial policy under the global trade regime; 1.1. The conceptual framework for industrial policy; 1.2. The multilateral trading system and industrial policy; 1.3. Concluding remarks; 2. Protection of domestic industry; 2.1. Border restrictions; 2.2. Taxes; 2.3. Product standards; 2.4. Protection of services industries; 2.5. Concluding remarks; 3. Promotion of domestic industry; 3.1. The economics of government subsidies; 3.2. The WTO subsidy regime; 3.3. Industrial policies in upstream sectors; 3.4. Concluding remarks; Part II. Special Topics of Industrial Policy: 4. Free zones and industrial development; 4.1. Free zones as an industrial policy tool; 4.2. Free zones under the revised Kyoto Convention; 4.3. Free zones under WTO rules; 4.4. Customs and trade rules: some questions of concurrent application; 4.5. Concluding remarks; 5. Local content requirements and industrialization; 5.1. LCRs and world practice; 5.2. Review of the economic literature; 5.3. The scope of the WTO-applicability to LCRs; 5.4. Legality of LCRs under WTO rules; 5.5. Data localization requirements as an emerging issue; 5.6. Concluding remarks; 6. The greening of industrial policy; 6.1. Environmental dimensions of industrial policy and trade; 6.2. Border carbon adjustments; 6.3. Renewable energy subsidies; 6.4. Environmental labels; 6.5. Environmental exceptions under GATT Article XX; 6.6. Harmonization of the trade and environmental regimes; 6.7. Concluding remarks; 7. Industrial policy in the age of creative economy; 7.1. Creative economy as a new paradigm of industrial policy; 7.2. The status of creative products under the WTO legal framework; 7.3. Creative economy and technological progress under WTO law; 7.4. Policy space for trade restrictions on creative products; 7.5. Concluding remarks.

Additional information

NLS9781316508459
9781316508459
1316508455
Industrial Policy and the World Trade Organization: Between Legal Constraints and Flexibilities by Sherzod Shadikhodjaev
Sherzod Shadikhodjaev
Cambridge International Trade and Economic Law
New
Paperback
Cambridge University Press
2020-03-26
347
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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