Safeguards and Antidumping in Latin American Trade Liberalization: Fighting Fire with Fire

Description

"These case studies answer the often-neglected questiondo these laws encourage trade liberalizatioin in a world of second-best solutions? Suprising to many, the answer is yesbut only if administered impartially and based on sound economic foundations." - Seth T. Kaplan , Vice President, Director of International Trade Practice, CRA International "These case studies reveal that careful management of the legal principles and domestic legal institutions can do much to reduce the protectionist bent of these instruments. The study will be of value to all lawyers, economists, political scientists, and policy makers interested in the role of trade remedy measures in national trade policy." - Alan O. Sykes, Frank and Bernice Greenberg Professor of Law and Faculty Director for Curriculum, University of Chicago Until the 1990s, the main users of safeguards and antidumping laws were Australia, Canada, the European Union, and the United States. Since then, many countries have implemented such laws, leading to a proliferation in antidumping and safeguard activity across the world. This timely book documents the political economy surrounding the implementation of these laws in seven Latin American countries and provides details on the institutions created, implementation of the laws, and subsequent activity. It finds that, in the larger political context, antidumping and safeguards are a necessary quid pro quo to certain important sectors to obtain much more liberalized trade policies for the general economy.

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