Antidumping Industrial Policy:: Legalized Protectionism in the WTO and What to Do About It (AEI Seminar Series, 59)

This essential and timely analysis of trade policy examines how antidumping actions, once meant to level the playing field, are increasingly wielded as tools of industrial policy and protectionism, as Brian Hindley traces the political economy behind trade remedies in the United States, Europe, and developing Asia, and reveals what these disputes mean for free trade, market competition, consumer welfare, and the future of the World Trade Organization.

Antidumping actions are increasingly used as a means of fostering and protecting "strategic industries" by both developed and developing countries. This study analyzes the antidumping systems of a number of key trading nations-the United States, major European nations, and developing countries in Asia-and traces the interconnections with industrial policy. It also describes the implications of these new actions for the multilateral trading system.

Patrick Messerlin, Coordinator, with Ernesto Zedillo, Coordinator and Julia Nielson led the UN Millennium Project Task Force on Trade. The UN Millennium Project and its Task Forces comprise more than 250 scientists, development practitioners, parliamentarians, policymakers, and representatives from civil society, UN agencies, the World Bank, the IMF, and the private sector.