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e-journal

THE QUESTIONABLE CASE FOR SUBSIDIES REGULATION: A COMPARATIVE PERSPECTIVE

Alan O. Sykes - Nama Orang;

ABSTRACT
‘‘Subsidization’’ by member governments occurs in the U.S. federal system, the
WTO, and the European Union. These three legal systems have responded very
differently to the issues raised by subsidies, from the largely laissez-faire
approach of the United States to the elaborate ‘‘state aid’’ rules of the EU to
the intricate but weakly enforced rules of the WTO. This paper examines the
three approaches asking which, if any, makes the most sense. It argues that the
detailed rules of the WTO and EU are largely indefensible from an economic perspective.
They fail to identify subsidization in any meaningful sense, and lack the
capacity to distinguish socially constructive subsidies from those that are ‘‘protectionist’’
or are otherwise objectionable. The problems are quite possibly irremediable,
hinting that a laissez-faire attitude toward subsidies may be a reasonable
option.


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Informasi Detail
Judul Seri
Journal of Legal Analysis
No. Panggil
-
Penerbit
Oxford : Oxford University Press on behalf of The John M. Olin Center for Law., 2010
Deskripsi Fisik
Fall 2010: Volume 2, Number 2 ~ Journal of Legal Analysis
Bahasa
English
ISBN/ISSN
-
Klasifikasi
-
Tipe Isi
-
Tipe Media
-
Tipe Pembawa
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Edisi
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Subjek
HUKUM
Info Detail Spesifik
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Pernyataan Tanggungjawab
agus
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  • THE QUESTIONABLE CASE FOR SUBSIDIES REGULATION: A COMPARATIVE PERSPECTIVE
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