Total strangers or soul mates? - antidumping and competition policies in Latin America and the Caribbean
As a result of trade reforms in the 1980s and 1990s Latin American and Caribbean countries became more open than at any time since World War II. However, these countries have recently begun to use antidumping measures as the new protection weapon of choice, as other barriers to trade have been reduced. In fact, the fastest growing antidumping actions are within regional integration arrangements, where they are being applied by member countries against each other. The authors argue that antidumping is anticompetitive and that its usual justification as a counter to predatory behavior is not relevant in the region. It is imperative, they say, that antidumping be contained if not altogether eliminated. While they find that safeguards are less anticompetitive than antidumping, they believe that all exceptional protection measures, such as antidumping, countervailing, and safeguards, should be considered together with competition policies. In other words, they should become soul mates rather than remain total strangers. The authors do not find that fine-tuning antidumping policy is a good option. Rather, they believe that both trade and competition policymaking ought to be brought under a single entity, as in Peru. This would lead to a more competitive solution.
|Date of creation:||31 Aug 1998|
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- Sarath Rajapitarana, 1995. "Post Trade Liberalization Policy and Institutional Challenges in Latin America and the Caribbean," Reports _014, World Bank Latin America and the Caribean Region Department.
- Paul Krugman & Robert Lawrence, 1993. "Trade, Jobs, and Wages," NBER Working Papers 4478, National Bureau of Economic Research, Inc.
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- Levinsohn, J., 1994.
"Competition Policy and International Trade,"
362, Research Seminar in International Economics, University of Michigan.
- J. Luis Guasch & Sarath Rajapatirana, 1994.
"The Interface of Trade, Investment, and Competition Policies: Issues and Challenges for Latin America,"
_009, World Bank Latin America and the Caribean Region Department.
- Guasch, J. Luis & Rajapatirana, Sarath, 1994. "The interface of trade, investment, and competition policies : issues and challenges for Latin America," Policy Research Working Paper Series 1393, The World Bank.
- Hoekman, Bernard M. & Mavroidis, Petros C., 1994.
"Antitrust-based remedies and dumping in international trade,"
Policy Research Working Paper Series
1347, The World Bank.
- Hoekman, Bernard & Mavroidis, Petros C, 1994. "Antitrust-based Remedies and Dumping in International Trade," CEPR Discussion Papers 1010, C.E.P.R. Discussion Papers.
- Rajapatirana, Sarath, 1995. "Post trade liberalization policy and institutional challenges in Latin America and the Caribbean," Policy Research Working Paper Series 1465, The World Bank.
- Barbara J. Spencer, 1988. "Countervailing Duty Laws and Subsidies to Imperfectly Competitive Industries," NBER Chapters, in: Issues in US-EC Trade Relations, pages 315-348 National Bureau of Economic Research, Inc.
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- Jeffrey J. Schott, 1994. "Uruguay Round: An Assessment," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 64.
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