Bertelsmann Stiftung (Hrsg.)

Professor Bernard Hoekman; Professor Douglas Nelson

Rethinking International Subsidy Rules

36 Seiten, PDF




Geo-economic tensions and global collective action problems call for international cooperation to revise and develop rules to guide both the use of domestic subsidies and responses by governments to cross-border competition spillover effects. Current WTO rules that divide all subsidies into either prohibited or actionable categories are no longer fit for purpose. Piecemeal efforts in preferential trade agreements and bi- or trilateral configurations offer a basis on which to build, but are too narrow in scope and focus. Addressing the spillover effects of subsidies could start with launching a work program at the 12th Ministerial Conference of the WTO to mobilize an epistemic community concerned with subsidy policies, tasked with building a more solid evidence base on the magnitude, purpose and effects of subsidy policies.

Zugehörige Projekte

Cover Global Economic Dynamics (GED)

Komplexe ökonomische Dynamiken transparent und verständlich zu machen – das war unser Ziel. Das Projekt untersuchte die Ursachen und Auswirkungen von wirtschaftlichen Trends sowie die Zusammenhänge zwischen den einzelnen Trends.

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