Description: Anti-Dumping Policies and Safeguard Measures in the Context of Costa Rica’s Economic Liberalization

Anti-Dumping Policies and Safeguard Measures in the Context of Costa Rica’s Economic Liberalization

This paper reviews the most important changes, both in the economy and in the legal and institutional framework, to deal with unfair trade practices that Costa Rica has experienced during its trade liberalization process. It also evaluates whether the sectors that as a result of such a process have...

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Bibliographic Details
Main Authors:	Monge-González, Ricardo, Monge-Ariño, Francisco
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE TERMS AGRICULTURAL PRODUCTS ANTI-DUMPING DUTIES ANTI-DUMPING MEASURES ANTIDUMPING ANTIDUMPING PETITIONS ANTIDUMPING POLICIES AVERAGE TARIFF BALANCE OF PAYMENTS BILATERAL TRADE BONDS CAPITAL ACCOUNT CENTRAL AMERICA COMMERCIAL POLICIES COMMON MARKET COMPETITIVENESS CONSUMERS COUNTERVAILING DUTIES COUNTERVAILING DUTY COUNTERVAILING MEASURES COUNTRY OF ORIGIN CREATING CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DESTINATION MARKET DEVALUATION DEVELOPMENT STRATEGY DOMESTIC INDUSTRY DOMESTIC MARKET DOMESTIC POLICIES DOMESTIC PRODUCERS DOMESTIC PRODUCTION DUMPED IMPORTS ECONOMIC COMPETITIVENESS ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC LIBERALIZATION PROCESS ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIC PROGRESS EQUILIBRIUM EXCHANGE RATE EXPORT BIAS EXPORT PERFORMANCE EXPORT PRICE EXPORT PROMOTION EXPORT SUBSIDIES EXPORTERS EXPORTING COUNTRY EXPORTS FACTOR MARKETS FOREIGN COMPETITION FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN SALES FOREIGN TRADE FOREIGN TRADE PROMOTION FREE ACCESS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AGREEMENTS FREE TRADE ZONE FREE TRADE ZONES GDP GRADUAL TARIFF REDUCTION HIGH TARIFFS IMPORT SUBSTITUTION IMPORTED PRODUCT IMPORTING COUNTRY INCOME DISTRIBUTION INFLATION INSURANCE INTERNATIONAL AGREEMENTS INTERNATIONAL MARKETS INTERNATIONAL ORGANIZATIONS INTERNATIONAL TRADE LEGISLATION MACROECONOMIC POLICIES MULTILATERAL TRADE NATURAL RESOURCES NORMAL VALUE OIL PER CAPITA INCOME POSITIVE EFFECTS POVERTY LINE PRICE INCREASES PROTECTIONIST INSTRUMENT PROVISIONAL MEASURE PROVISIONAL MEASURES QUOTAS REGIONAL INTEGRATION SAFEGUARD MEASURE SAFEGUARD MEASURES TARIFF CONCESSIONS TARIFF PROTECTION TARIFF RATE TARIFF REDUCTION TARIFF REDUCTION SCHEDULE TARIFF REDUCTIONS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERMS OF TRADE TRADE TRADE AGREEMENT TRADE BALANCE TRADE FLOWS TRADE LIBERALIZATION TRADE LIBERALIZATION PROCESS TRADE PROMOTION TRADITIONAL PRODUCTS UNEMPLOYMENT UNEMPLOYMENT RATE UNFAIR TRADE PRACTICES UNSKILLED WORKERS URUGUAY ROUND VOLUNTARY AGREEMENTS WEALTH ZERO TARIFFS
Online Access:	http://documents.worldbank.org/curated/en/2005/05/5800530/anti-dumping-policies-safeguard-measures-context-costa-ricas-economic-liberalization http://hdl.handle.net/10986/8936

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Summary:	This paper reviews the most important changes, both in the economy and in the legal and institutional framework, to deal with unfair trade practices that Costa Rica has experienced during its trade liberalization process. It also evaluates whether the sectors that as a result of such a process have been facing increased foreign competition, and may have attempted to use the World Trade Organization (WTO) rules adopted by Costa Rica as a protectionist instrument. Costa Rica's legal framework against unfair trade practices at the multilateral level emerged when the country adopted the WTO rules on antidumping policies and safeguard measures. That has been reinforced at the bilateral level through the subscription of free trade agreements with Central America, Mexico, the Dominican Republic, Chile, and Canada. So far, only six antidumping petitions and five safeguards have been received by the government. In reviewing these petitions, the government has paid particular attention to the impact of any action on the competitiveness of the domestic market and on the possibility that it would support modernization of the industry. Behind the political acceptance of this disciplined approach lies widespread recognition of the social as well as economic progress that liberalization has supported.

Anti-Dumping Policies and Safeguard Measures in the Context of Costa Rica’s Economic Liberalization

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