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Uses and Misuses of Anti-Dumping Provisions in World Trade
Book details
  • 145p., Tables; Figures; References; 23cm.
  • Hardcover
  • English language
  • Academic Foundation
  • 01.01.2006
  • ISBN 10: 817188511X

Uses and Misuses of Anti-Dumping Provisions in World Trade

Synopsis “…It is a myth that the GATT/WTO system is only about free trade. Plenty of exemptions to free trade principles are permitted. The anti-dumping agreement is one such exemption. The GATT/WTO system does not prohibit dumping, defined as exporting a product as lower than its ‘normal’ value”… and thus goes the Introduction to this important volume on the subject. “…Where do we go from where? …the Doha Development Agenda (DDA) contemplates nothing beyond clarifying and improving disciplines. There is consensus across all five papers that this is consensus across all five papers that this is hardly enough. More substantial change is needed in the anti-dumping agreement. There is perhaps consensus across all five papers that the anti-dumping agreement needs to be dumped, although there is lack of precision about what should be done about Article VI in that eventuality. Given the political economy within the WTO, this first-best solution is unlikely to materialize. But as a second-best, there is enough ammunition in these five papers for the argument that one needs much more than mere clarification and improvement.”
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Bibek Debroy

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Debashis Chakraborty

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