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Antidumping as safeguard policy

Author

Listed:
  • Finger,J. Michael
  • Francis Ng
  • Wangchuk, Sonam

Abstract

Antidumping is by far the most prevalent instrument applied by countries to impose new import restrictions. In the 1980s antidumping was used mainly by a handful of industrial countries. More recently developing countries have used it increasingly often. Since the World Trade Organization (WTO) Agreements went into effect in 1995, developing countries have initiated 559 antidumping cases, developed countries 463 (through June 2000). Per dollar of imports ten developing countries have initiated at least five times as many antidumping cases as the United States. Even so, the WTO community continues to take up antidumping as if it were a specialized instrument. In reality, present WTO rules allow it to be applied in any instance of politically troubling imports. The authors argue that, as a"pressure valve"to help maintain an open trade policy, antidumping has serious weaknesses: Its technical strictures do not distinguish between instances that advance rather than harm the national economic interest. And its politics of branding foreigners as unfair strengthens rather than mutes pressures against liberalization.

Suggested Citation

  • Finger,J. Michael & Francis Ng & Wangchuk, Sonam, 2001. "Antidumping as safeguard policy," Policy Research Working Paper Series 2730, The World Bank.
  • Handle: RePEc:wbk:wbrwps:2730
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    References listed on IDEAS

    as
    1. Finger, J. Michael & Fung, K.C. & DEC, 1993. "Will GATT enforcement control antidumping?," Policy Research Working Paper Series 1232, The World Bank.
    2. Rajesh Chadha & Bernard Hoekman & Will Martin & Ademola Oyejide & Mari Pangestu & Diana Tussie & Jamel Zarrouk, 2000. "Developing Countries and the Next Round of WTO Negotiations," The World Economy, Wiley Blackwell, vol. 23(04), pages 431-436, April.
    3. Thomas W. Hertel & Bernard M. Hoekman & Will Martin, 2002. "Developing Countries and a New Round of WTO Negotiations," World Bank Research Observer, World Bank Group, vol. 17(1), pages 113-140.
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    Citations

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    Cited by:

    1. José Luis Moraga-González & Jean-Marie Viaene, 2004. "Dumping in Developing and Transition Economies," CESifo Working Paper Series 1356, CESifo Group Munich.
    2. Lincoln, William F. & McCallum, Andrew H., 2011. "Entry Costs and Increasing Trade," Working Papers 619, Research Seminar in International Economics, University of Michigan.
    3. Hamilton, Carl B, 2003. "Russia's European Economic Integration: Escapism and Realities," CEPR Discussion Papers 3840, C.E.P.R. Discussion Papers.
    4. Hylke Vandenbussche & Maurizio Zanardi, 2008. "What explains the proliferation of antidumping laws?," Economic Policy, CEPR;CES;MSH, vol. 23, pages 93-138, January.
    5. Zanardi, Maurizio, 2006. "Antidumping: A problem in international trade," European Journal of Political Economy, Elsevier, vol. 22(3), pages 591-617, September.
    6. Ahmed Nawaz Hakro & Syed Hasanat Shah, 2007. "Economic Rationale, Trade Impact and Extent of Antidumping – A Case Study of Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 12(1), pages 79-98, Jan-Jun.
    7. William F. Lincoln & Andrew H. McCallum, 2011. "Entry Costs & Increasing Trade," William Davidson Institute Working Papers Series wp1024, William Davidson Institute at the University of Michigan.
    8. Tadashi Ito, 2007. "NAFTA and productivity convergence between Mexico and the US," IHEID Working Papers 26-2007, Economics Section, The Graduate Institute of International Studies, revised 27 Nov 2007.
    9. Hoekman, Bernard, 2002. "Strengthening the global trade architecture for development," Policy Research Working Paper Series 2757, The World Bank.
    10. Mustapha Sadni Jallab & Monnet Benoît Patrick Gbakou & René Sandretto, 2008. "L'influence des facteurs macroéconomiques sur les ouvertures d'enquêtes antidumping : le cas de l'Union Européenne et des États-Unis," Revue d'économie politique, Dalloz, vol. 118(4), pages 573-600.
    11. Hamilton, Carl B., 2005. "Russia's European economic integration: Escapism and realities," Economic Systems, Elsevier, vol. 29(3), pages 294-306, September.
    12. J. Michael Finger & Andrei Zlate, 2005. "Antidumping: Prospects for Discipline from the Doha Negotiations," Boston College Working Papers in Economics 632, Boston College Department of Economics.
    13. José Luis Moraga-González & Jean-Marie Viaene, 2004. "Anti-Dumping, Intra-Industry Trade and Quality Reversals," CESifo Working Paper Series 1365, CESifo Group Munich.
    14. Ian Wooton & Maurizio Zanardi, 2002. "Trade and Competition Policy: Anti-Dumping versus Anti-trust," Working Papers 2002_6, Business School - Economics, University of Glasgow, revised Oct 2002.
    15. Hoekman, Bernard, 2002. "Developing Countries and the Political Economy of the Trading System," WIDER Working Paper Series 126, World Institute for Development Economic Research (UNU-WIDER).
    16. Thomas J. Prusa, 2005. "The Growing Problem of Antidumping Protection," NBER Chapters,in: International Trade in East Asia, NBER-East Asia Seminar on Economics, Volume 14, pages 329-366 National Bureau of Economic Research, Inc.
    17. Arvind Panagariya, 2003. "Labor Standards and Trade Sanctions: Right End Wrong Means," International Trade 0309004, University Library of Munich, Germany.
    18. Simon Schropp, Kornel Mahlstein, 2007. "The Optimal Design of Trade Policy Flexibility in the WTO," IHEID Working Papers 27-2007, Economics Section, The Graduate Institute of International Studies, revised Dec 2007.

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