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1 - Introduction

Published online by Cambridge University Press:  09 July 2021

Chien-Huei Wu
Affiliation:
Academia Sinica, Taipei, Taiwan
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Summary

The GATT/WTO regime is built on an export-bias, with trading nations aiming to export goods and services while keeping foreign producers from their domestic market so as to protect domestic producers from competition. Therefore, the vast majority of WTO rules are concerned with regulation on the liberalisation of import restrictions, tariffs and non-tariff barriers, but touch only lightly on export restrictions. The emphasis on the liberalisation of import barriers can be attributed to the built-in mercantilist tendencies of the GATT/WTO system – an arm of the post-World War II international economic order – and viewed as a direct response to the earlier erection of insurmountable import tariffs, which led to the Great Depression and the accompanying political turmoil. The weaknesses of such one-sided regulation out of export-bias are exposed by the proliferation of export restrictive measures adopted in the name of national security and in a time of pandemic. Export restrictions may pose great challenges to the global supply chain, given the geographical distribution of production chains out of economic globalisaiton, and exacerbate food insecurity of food-importing countries.

Type
Chapter
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Law and Politics on Export Restrictions
WTO and Beyond
, pp. 1 - 19
Publisher: Cambridge University Press
Print publication year: 2021

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  • Introduction
  • Chien-Huei Wu, Academia Sinica, Taipei, Taiwan
  • Book: Law and Politics on Export Restrictions
  • Online publication: 09 July 2021
  • Chapter DOI: https://doi.org/10.1017/9781108953566.004
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  • Introduction
  • Chien-Huei Wu, Academia Sinica, Taipei, Taiwan
  • Book: Law and Politics on Export Restrictions
  • Online publication: 09 July 2021
  • Chapter DOI: https://doi.org/10.1017/9781108953566.004
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Introduction
  • Chien-Huei Wu, Academia Sinica, Taipei, Taiwan
  • Book: Law and Politics on Export Restrictions
  • Online publication: 09 July 2021
  • Chapter DOI: https://doi.org/10.1017/9781108953566.004
Available formats
×