Rethinking International Subsidy Rules

Bernard Hoekman and Douglas Nelson

No 2020/20, RSCAS Working Papers from European University Institute

Abstract: 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.

Keywords: Subsidy policies; spillovers; international cooperation; trade agreements; WTO (search for similar items in EconPapers)
JEL-codes: E61 F02 F15 F42 F68 (search for similar items in EconPapers)
Date: 2020-03
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
https://cadmus.eui.eu/bitstream/handle/1814/66586/ ... quence=1&isAllowed=y (application/pdf)
http://hdl.handle.net/1814/66586 (text/html)

Related works:
Journal Article: Rethinking international subsidy rules (2020)
Working Paper: Rethinking International Subsidy Rules (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rsc:rsceui:2020/20

Access Statistics for this paper

More papers in RSCAS Working Papers from European University Institute Convento, Via delle Fontanelle, 19, 50014 San Domenico di Fiesole (FI) Italy. Contact information at EDIRC.
Bibliographic data for series maintained by RSCAS web unit ().