Life beyond local content: Exploring alternative measures of industry support in the context of WTO accession

Sauvé, Pierre (2016). Life beyond local content: Exploring alternative measures of industry support in the context of WTO accession. Journal of International Trade, 1, pp. 1-28. Indian Institute of Foreign Trade

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This paper explores the industrial policy options and constraints confronting countries acceding to the World Trade Organization stemming from the obligation to phase out non-compliant local content requirements (LCRs). The widespread recourse to various local content practices and their political economy appeal make their removal a daunting task in many countries, particularly those characterized by weak productive diversification and a heavy reliance on extractive activities. After reviewing the policy rationale behind the prohibition of LCRs, the paper advances a number of alternative measures of industry support available to WTO acceding countries, placing particular emphasis on corporate social responsibility incentives and the design of supplier development programmes aimed at strengthening linkages between foreign invested or lead firms to an ecosystem of typically small and medium-sized local suppliers.

Item Type:

Journal Article (Original Article)

Division/Institute:

02 Faculty of Law > Department of Economic Law > World Trade Institute
10 Strategic Research Centers > World Trade Institute

02 Faculty of Law > Department of Economic Law > NCCR International Trade Regulation

UniBE Contributor:

Sauvé, Pierre

Subjects:

300 Social sciences, sociology & anthropology > 340 Law

Publisher:

Indian Institute of Foreign Trade

Language:

English

Submitter:

Pablo Rahul Das

Date Deposited:

15 Feb 2017 08:53

Last Modified:

20 Feb 2020 08:51

Related URLs:

BORIS DOI:

10.7892/boris.94430

URI:

https://boris.unibe.ch/id/eprint/94430

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