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Anti‐dumping's Happy Birthday?
Author(s) -
Drope Jeffrey M.,
Hansen Wendy L.
Publication year - 2006
Publication title -
world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/j.1467-9701.2006.00794.x
Subject(s) - dumping , economics , negotiation , position (finance) , subsidy , commercial policy , liberalization , state (computer science) , foreign policy , international trade , international economics , public economics , law and economics , political science , market economy , finance , law , computer science , politics , algorithm
The purpose of this paper is to highlight and discuss recent developments in the worldwide use of anti‐dumping (AD) policy as a possible strategic counterpoint to trade liberalisation. First, we review briefly the original intended purpose of AD policy, and reflect on its secondary position on the agenda of current international trade negotiations. Second, we discuss the escalating – and perhaps strategic – use of AD policy, particularly in the developing world, and highlight the roles of both interest groups and the state in determining policy outcomes. Next, we review the state of affairs of AD policy with the world's most active user, the US. In particular, we introduce and discuss the latest important development, the implementation of the ‘Continued Dumping and Subsidy Offset Act of 2000’, which incorporates monetary compensation for petitioners, potentially offering more opportunities for strategic policy behaviour by firms, industries and the state. We conclude the article with a short discussion of directions for future research and some general concerns about the use of AD policy.