Optimal International Agreement and Restriction on Domestic Efficiency

• 主要作者: LEE, Gea M.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2016
• 主題: Optimal Agreement; Restriction on Domestic Efficiency; Market-Access Preservation Rule; GATT/WTO Subsidy Rules; International Economics
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/1857; https://ink.library.smu.edu.sg/context/soe_research/article/2856/viewcontent/12_2016.pdf

The WTO's strict treatment of domestic subsidies has not been well received in the existing literature. An essential reason is that the consequent restriction on domestic efficiency is hardly compatible with the existing theory of government intervention under which the primary objective of usi...