Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281044 
Year of Publication: 
2023
Series/Report no.: 
IW-Kurzbericht No. 91/2023
Publisher: 
Institut der deutschen Wirtschaft (IW), Köln
Abstract: 
The African Group proposes to reform the WTO's subsidy rules for industrial goods. Even if this demand for more policy space entails some problems, the EU should view this as an opportunity. By combining the African Group's proposal with new rules against tradedistorting industrial subsidies by major global players, the EU can start a new initiative to tackle global economic distortions emanating particularly from nonmarket economies. While this initiative is no panacea, it offers various attractive advantages.
Document Type: 
Research Report

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