Abstract: No AccessSep 2020SubsidiesAuthors/Editors: Luca RubiniLuca RubiniSearch for more papers by this authorhttps://doi.org/10.1596/978-1-4648-1539-3_ch15AboutView ChaptersFull TextPDF (1.1 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: Maps the provisions on subsidies in 283 preferential trade agreements (PTAs) signed between 1957 and February 2016, using the World Bank’s Deep Integration database. This mapping proves equivalent to assessing the vertical depth of these provisions, the ultimate purpose of the World Bank’s Deep Integration research agenda. Subsidies and their disciplines remain one of the most ambiguous and controversial areas in international economic law. Governments have always subsidized sectors and industries in their economies. Crucially, however, the policy objectives pursued through subsidies may prove mixed, producing positive and negative effects, and, in an increasingly globalized economy, creating spillovers often crossing national borders. Hence, since the late 1800s, the need to arbitrate these measures at the international level has emerged as a key priority for international law. From the international perspective, the biggest puzzle remains how to create rules that manage to balance positives and negatives, especially where losers and winners of subsidization belong to different countries. ReferencesBacon, Kelyn. 2013 European Union law of state aid. Oxford: Oxford University Press. Google ScholarBagwell, Kyle, George A Bermann, and Petros C Mavroidis. 2010 Law and economics of contingent protection in international trade. Cambridge: Cambridge University Press. Google ScholarBagwell, Kyle and Robert W Staiger. 2006 Will international rules on subsidies disrupt the world trading system? 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Google Scholar Previous chapterNext chapter FiguresreferencesRecommendeddetails View Published: September 2020ISBN: 978-1-4648-1539-3e-ISBN: 978-1-4648-1554-6 Copyright & Permissions Related TopicsInternational Economics & TradeMacroeconomics and Economic Growth KeywordsPREFERENTIAL TRADE AGREEMENTSTRADE INTEGRATIONINTERNATIONAL LAWFINANCIAL SUBSIDIESSPILLOVER EFFECTSGLOBAL ECONOMYTRADE REFORMTRADE POLICYTRADE PREFERENCES PDF DownloadLoading ...
Publication Year: 2020
Publication Date: 2020-09-23
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 3
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