Government Organization and Support for Private Industry: the United Kingdom Experience
The objectives of the Association shall be:
to frustrate the normal tendency of trade to increase and to ensure its diminution.
to frustrate all measures that any Member State might attempt to introduce in pursuit of the first objective; and
to ensure, by use of subsidies, by the encouragement of dumping and by discrimination on all possible grounds, that the following provisions of the Convention, in so far as they may apply, shall be circumvented.
KeywordsIndustrial Policy Wool Textile Government Organization Private Industry Machine Tool Industry
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Notes and References
- 1.Published in Alan Whiting, ed., Economics of Industrial Subsidies ( London: HMSO 1976 ).Google Scholar
- 5.See G. Denton, S. O’Cleireacain and S. Ash, Trade Effects of Public Subsidies to Private Enterprise ( London: Macmillan 1975 ).Google Scholar
- 6.Organization for Economic Cooperation and Development, Measures of Assistance to Shipbuilding (Paris: 1976).Google Scholar