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Anti-Dumping   

Anti-Dumping: Global Abuse of a Trade Policy Instrument

EDITORS: Bibek debroy and debashis chakraborty

Published by Academic Foundation
in Association with

Liberty Institute, New Delhi

Hard-cover Book (6¼” x 8¾”) :   Pages : 208
2007  Edition   :   ISBN -81-7188-589-6
Price : Rs. 595.00 ;  US $ 45.95
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ABOUT THE BOOK :

The increasing use of anti-dumping measures covering a wide range of sectors, both by developed and developing countries in recent years, indicates a policy substitution to protect domestic industries in the face of tariff reforms. While the developing countries are demanding special and different treatment to protect their interest against a possible misuse of this provision by their developed counterparts, many of them also rank among the major violators. In this scenario, a systemic review and subsequent modification/ scrapping of the anti-dumping agreement is the need of the hour. Responding to this need the Hong Kong Ministerial declaration (December 2005) has noted that negotiations on anti-dumping should, as appropriate, "clarify and improve the rules" in three major concern areas (determination of dumping, procedures and the level, scope and duration of adopted measures). The eight chapters in the current volume focus on the current scenario in select developed and developing countries, use of this provision in intra-developing country trade and analysis of anti-dumping cases lodged at the WTO dispute settlement body. The discussions in the volume significantly contribute in the ongoing debate and serve as an important input for current negotiations.


ABOUT THE EDITORS :

Bibek Debroy is Secretary General, PHD Chamber of Commerce and Industry, New Delhi. He is a professional economist and was educated in Presidency College (Calcutta), Delhi School of Economics and Trinity College (Cambridge). He has worked at Presidency College (Calcutta), Gokhle Institute of Politics and Economics (Pune), Indian Institute of Foreign Trade (Delhi), National Council of Applied Economic Research (Delhi) and as a Consultant, Department of Economic Affairs, Ministry of Finance, Government of India. He has been the Director of the Rajiv Gandhi Institute for Contemporary Studies (RGICS), Rajiv Gandhi Foundation, New Delhi. He was also the Director for a project known as LARGE, set up by the Ministry of Finance and UNDP to examine legal reforms. He is the author and editor of several books, papers and popular articles and has been consulting editor and columnist with Business Standard. Bibek Debroy's special interests are international trade (in particular the WTO), law reform and the political economy of liberalisation in India. He has been listed in many bibliographies and has been a member of several government committees.

Debashis Chakraborty is Assistant Professor at Indian Institute of Foreign Trade, New Delhi. Debashis has been educated at University of Calcutta and Centre for International Trade and Development, JNU. He has worked on issues pertaining to international trade policy, WTO issues and Indian economic development, and presented and published his research at various academic and policy forums in India and abroad. He has earlier worked in Rajiv Gandhi Institute for Contemporary Studies (RGICS), New Delhi as a researcher. Debashis has recently edited two titles on WTO and is currently working on a manuscript relating to contract farming in India.


CONTENTS IN DETAIL :

List of Tables, Figures and Annexures

Acronyms

Contributors

Introduction

1.

India’s Involvement in Anti-Dumping Cases in the First Decade of WTO
— K.D. Raju

 

Introduction

Recent Developments

Substantial Dumping Issues at WTO

Dumping Cases in India

Anti-Dumping Initiations Against India

Conclusion

2.

Calculating Normal Value as a Way of Protection: Some Evidence from Turkish Dumping Investigations

— Cengiz Bahcekapili and Murat Cokgezen

 

Introduction

Calculating Normal Value as a Way of Protection

Anti-Dumping Practices in Turkey

Another Non-Perfect Dumping Calculation

Conclusion

3. Anti-Dumping Procedures: Lessons for Developing Countries with Special Emphasis on the South African Experience

— Nicola Theron

 

Introduction

South Africa

Procedure

Interested Parties

Constructed Normal Values

Material Injury

Causation

National Interest

Confidentiality

Price Undertakings

Anti-Circumvention

Conclusion

4.

The Growing Problem of Intra-Developing Country Anti-Dumping Actions in World Trade

— Kofi Oteng Kufuor

 

Introduction

The Emergence of DCs as Active Users of Anti-Dumping Actions

The Importance of Containing the Growing Problem of

Intra-DC Anti-Dumping Actions

Possible Measures to Combat LDC Tendencies for Anti-Dumping Actions

5.

The Rhetoric and Reality of US Anti-Dumping Law

— Brink Lindsey and Daniel Ikenson

 

Introduction

Missing the Target

Flawed Methodologies

Examining the Case Record

Market Distortions Assumed, Not Proven

Price Differences and Sanctuary Markets

Sales Below Cost and Market Distortions

Conclusion

6.

Anti-Dumping in the European Union
— Fredrik Erixon

 

Introduction

The Economics of Anti-Dumping

Anti-Dumping Policy and Actions in the European Union

The European Union and Anti-Dumping: In Lieu of Conclusion

7.

Why is China the World’s Number One Anti-Dumping Target?
— Yuefen Li

 

Introduction

External Factors

Domestic Factors Contributing to the Utilisation of Contingent Protection Measures against Chinese Exports

Conclusion

8.

Misuse of Anti-Dumping Provisions: What do the WTO Disputes Reveal?

— Debashis Chakraborty

 

Introduction

A Global Scenario

Anti-Dumping Disputes Involving India: A Review of Issues

The Way Ahead

 

Annexure-A: Differential and More Favourable Treatment for Developing and Least Developed Countries in Various WTO Agreements—
Concerns Regarding Implementation—
Anti-Dumping Measures
(The Indian View)

  Index

Contributors to this Volume

Cengiz Bahçekapili
Assistant Professor, Department of Economics, Marmara University, Bahçelievler-Istanbul, Turkey.

Debashis Chakraborty
Assistant Professor, Indian Institute of Foreign Trade, New Delhi.

Murat Çokgezen
Associate Professor, Department of Economics, Marmara University, Bahçelievler-Istanbul, Turkey.

Bibek Debroy
Secretary General, PHD Chamber of Commerce and Industry, New Delhi.

Fredrik Erixon
Chief Economist, Swedish Think Tank Timbro, Stockholm.

Daniel Ikenson
Associate Director, Center for Trade Policy Studies, Cato Institute, Washington DC.

Kofi Oteng Kufuor
Reader, School of Law, University of East London, London.

Yuefen Li
Senior Economic Affairs Officer in the Division on Globalization and Development Strategies at UNCTAD, Geneva and Guest Professor at Tsinghua University, China.

Brink Lindsey
Vice President for Research, Cato Institute, Washington DC and a Contributing Editor at Reason magazine.

K.D. Raju
Deputy Secretary, PHD Chamber of Commerce and Industry, New Delhi.

Nicola Theron
Co-founder and the Managing Director, Econex, Cape Town and a Senior Lecturer at the Department of Economics, University of Stellenbosch, South Africa.

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