Munich Personal RePEc Archive

Impact of joining the WTO on Ukrainian ferrous metallurgy: subsidies vs. antidumping, is there really a trade-off?

Eromenko, Igor and Lisenkova, Katerina (2006): Impact of joining the WTO on Ukrainian ferrous metallurgy: subsidies vs. antidumping, is there really a trade-off? Published in: World Bank Institute. Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS No. ISBN 5-7777-0344-5 (2006): pp. 380-382.

[img]
Preview
PDF
MPRA_paper_67477.pdf

Download (105kB) | Preview

Abstract

Authors provide a case study of the impact of antidumping and subsidies in Ukrainian steel. They argue that that accession the WTO for Ukraine will require the elimination of subsidies to Ukrainian steel. This will result in a benefit to Ukraine in a decline in antidumping actions against Ukrainian steel in its export markets. The authors quantify the impacts. Contrary to popular discussion in Ukraine, they show that the reduction in subsidies in Ukraine will also benefit the country as a whole. So, despite losses to the producers of steel, accession to the WTO, which entails both subsidy reduction and reduced antidumping against its exports, should be a win-win situation for Ukraine.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.