10 - Antidumping in the Great Recession
Focus on Latin America and the Caribbean*
Pages 135 à 142
Citer ce chapitre
- FEINBERG, Robert M.,
- ABDELMALKI, Lahsen,
- ALLEGRET, Jean-Pierre,
- PUECH, Florence,
- SADNI JALLAB, Mustapha
- et SILEM, Ahmed,
- Feinberg, Robert M..
- Feinberg, R.-M.
- L. Abdelmalki,
- J. Allegret,
- F. Puech,
- M. Sadni Jallab
- et A. Silem
https://doi.org/10.3917/arco.silem.2012.01.0135
Citer ce chapitre
- Feinberg, R.-M.
- L. Abdelmalki,
- J. Allegret,
- F. Puech,
- M. Sadni Jallab
- et A. Silem
- Feinberg, Robert M..
- FEINBERG, Robert M.,
- ABDELMALKI, Lahsen,
- ALLEGRET, Jean-Pierre,
- PUECH, Florence,
- SADNI JALLAB, Mustapha
- et SILEM, Ahmed,
https://doi.org/10.3917/arco.silem.2012.01.0135
Notes
-
[1]
*Much of the material is this chapter was initially presented in « Antidumping and the Global Financial crisis : the Impact on Latin America and the Caribbean », Studies and Perspectives Series, decembre 2010, no 9, Washington DC, United Nations Economic Commission for Latin America and the Caribbean (ECLAC) Mimeo.
Throughout this report numbers of cases or petitions refer to petitions filed by a particular country against a single exporting country in a distinct product category. Very often multiple petitions are filed simultaneously against several exporting countries for the same product; occasionally, multiple (related) products are targeted against a particular exporter. By counting the total number of cases defined this way, we capture to some extent the scope or coverage of antidumping activity. -
[2]
What has risen much more sharply are the so-called “escape clause” or “safeguard cases” (allowing temporary but broad protection against import surges without the necessity of showing unfair trading practices.
-
[3]
For purposes of this figure, developing countries are all countries other than the United States, Canada, Japan, Australia, New Zealand, the EU-15 (European Union members through May 2004), and other Western European countries. Some of these countries were more likely to be regarded as developing at the beginning of the period than at the end (the most obvious of these is probably South Korea). It might be more appropriate to regard the distinction as between “traditional” users of antitrust and relatively “new” users.
-
[4]
See, for example, Bown (2009b).
Since the formation of the World Trade Organization in 1995 and the dramatic lowering of conventional barriers to international trade (quotas, tariffs, and the like), an increasingly large role has been played by antidumping enforcement. Dumping in international trade generally refers to exporters selling goods in foreign markets at prices below “fair value” – where this is determined either as an export price lower than the home market price or at a price below full economic cost (i.e., including a reasonable profit margin). Antidumping is a form of WTO-authorized administrative protection which allows extra duties to be imposed on exporters of (usually) narrowly defined goods found to be both dumped and to have caused “material injury” to a domestic industry.
Global antidumping activity peaked in 2001, with 366 petitions initiated world-wide, and rapidly diminished to just 163 cases in 2007
. With the onset of the current major world-wide recession some observers feared that antidumping usage would climb dramatically; however while antidumping activity was up by 28% in 2008 (to 208 cases initiated, according to WTO statistics), the rise was not nearly commensurate with the financial distress, and new antidumping initiations fell a bit in 2009 remaining near historical lows (based on data from Bown’s Global Antidumping Database)
. However, antidumping has largely become a problem of the developing world, both in terms of major importing country users (e.g., the three largest users in 2008 were India, Brazil, and Turkey, the three largest users in 2009 were Pakistan, India, and Argentina), and of targets (with China by far the largest exporting country hit by antidumping petitions, but Thailand, Taiwan and Indonesia the next largest targets of cases filed in 2008)…
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