Subsidies and other International Economic Issues
How broadly to define subsidies and how narrowly to limit the range of practices one tries to deal with by international agreement are major questions that run through the other chapters in this volume. The difficulty of believing that there will soon be widespread agreement on concrete rules covering many different kinds of subsidies could lead to the conclusion that one should concentrate on establishing principles even if practice develops more slowly. This entails the question of whether such principles should apply to all international arrangements touching subsidies, even if they deal mainly with such broader matters as international investment, economic development or the problems of certain troublesome industries.
KeywordsInternational Trade Industrial Country Trade Liberalization Industrial Policy International Agreement
Unable to display preview. Download preview PDF.
Notes and References
- 13.These and other points are set out more fully in William Diebold, The United States and the Industrial World (New York: Praeger Publishers, 1972) pp. 140–4. Other parts of the book deal with a number of issues touched on in this paper.Google Scholar
- 18.Miriam Camps, The Management of Interdependence: A Preliminary View, ( New York: Council Papers on International Affairs published by the Council on Foreign Relations, Inc. 1974 ) p. 92.Google Scholar
- 19.Atlantic Council of the United States. GATT Plus—A Proposal for Trade Reform, (Report of the Special Advisory Panel to the Trade Committee of the Atlantic Council. New York: Praeger, 1976 ).Google Scholar