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Safeguards and Antidumping in Latin American Liberalization Introduction Michael Finger December 6, 2005
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Objective Bring together persons with similar responsibilities in different countries share experiences, learn from each others’ experiences
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Trade Reform as part of overall Economic Reform Privatization, deregulation, relax restrictions on foreign investment revise commercial codes, create a competitive environment in domestic markets Macroeconomic balance Exchange rate management Control inflation
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Government – Industry Understanding Degree and amount of international competition Reference to WTO rules Technical – e.g., WTO rules – to replace political approach to decisions (Technical approach as support for liberalization)
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Trade reform Import licensing, Quantitative restrictions, High tariffs, Special concessions Remove the burden import restrictions impose on exporters Discipline, stimulus to productivity provided by international competition
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Managing the government – industry understanding in the context of: Requires mastery of technique – but is a broader issue of policy management An evolving understanding with industry Inexact rules Ministries within government having different priorities
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Julio Nogués – Argentina Trade reform as part of overall reform – demands of stabilization (macroeconomic balance) on trade instruments The technical approach and the exchange rate – how supportive were WTO rules?
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Luz Elena Reyes de la Torre – Mexico Sorting acceptable from unacceptable international competition Support for exporters subject to safeguard and antidumping investigations in other countries
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Richard Webb – Peru Trade reform in the context of broader social and economic reform Peru’s institutional experience: to create and to preserve a competitive domestic economy
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Crux of the conference Questions, Responses Audience suggestions: support or research that would be useful for you
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