Antidumping Mechanisms and Safeguards in Peru
Peru's experience in the application of antidumping and safeguard measures is characterized by a radical change in the philosophy and procedures of trade at the beginning of the 1990s, and by an increasing use of these mechanisms. Trade liberalization was accompanied by the liberalization of fo...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/07/6045517/antidumping-mechanisms-safeguards-peru http://hdl.handle.net/10986/8202 |
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okr-10986-8202 |
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| recordtype |
oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ADMINISTRATIVE AUTONOMY ADMINISTRATIVE FUNCTIONS AGRICULTURAL PRODUCTS AGRICULTURE ANTIDUMPING ANTIDUMPING DUTIES ANTIDUMPING MEASURES ANTIDUMPING RULES AUTHORITY AUTONOMY AVERAGE TARIFF BALANCE OF PAYMENTS BANKRUPTCY BUREAUCRACY CAPITAL FLOWS CAPITAL GOODS CDS CENTRAL BANK CENTRAL BANK LAW COMPETITION CRITERIA COMPETITIVENESS CONSTITUTION CONSUMER PROTECTION CONSUMERS CONTROLLED PRICES CORRUPTION COUNCIL OF MINISTERS COUNTRY OF ORIGIN CUSTOMS CLEARANCE DEBT DECREE DEMOCRACY DEPOSIT INSURANCE DEREGULATION DOMESTIC INDUSTRY DOMESTIC PRODUCTION ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMISTS EMPLOYMENT EXCHANGE RATE EXCHANGE RATES EXPORT SECTORS EXPORTERS EXPORTS FAIR TRADE FINANCIAL SYSTEM FISCAL FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN INVESTMENTS FOREIGN TRADE FOREIGN TRADE POLICY FREE MARKET ECONOMY FREE MARKETS FREE TRADE GOVERNMENT AGENCY GOVERNMENT POLICY HEALTH SERVICES HIGH TARIFFS HUMAN RESOURCES IDEOLOGIES IMPORTS INDUSTRIAL PRODUCTION INDUSTRIAL SECTOR INEFFICIENCY INFLATION INSOLVENCY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL REFORM INSURANCE INTERNATIONAL ORGANIZATIONS JUDICIARY LABOR MARKET LABOR MARKETS LAWS LEGAL ACTION LEGISLATION LEGISLATORS MACROECONOMIC CONTEXT MARKET ACCESS MARKET COMPETITION MONOPOLIES NATIONAL LEVEL NATIONAL TERRITORY ORGANIZATIONAL STRUCTURE PATENTS PAYROLL TAXES POLITICAL CRISIS POLITICAL INTERFERENCE POLITICAL POWER PREFERENTIAL TREATMENT PRESIDENCY PRICE SUBSIDIES PRIVATIZATION PRODUCERS PRODUCTION COSTS PROTECTIONISM PUBLIC AGENCY PUBLIC EXPENDITURE PUBLIC FINANCES PUBLIC HEALTH QUALITY STANDARDS QUANTITATIVE RESTRICTIONS RATIONALIZATION REPRESENTATIVES REPRESENTATIVITY REVENUE ADMINISTRATION REVENUE COLLECTION SAFEGUARD CLAUSE SAFEGUARD MEASURES SALES TAXES SOCIAL PROGRAMS STATE AGENCIES STATE ENTERPRISES STATISTICAL DATA TARIFF LEVELS TARIFF RATES TARIFF REDUCTION TOTAL REVENUE TRADE AGREEMENT TRADE LIBERALIZATION TRADE POLICY TRADE PROTECTION TRADE REFORM TRANSPARENCY UNFAIR COMPETITION WTO |
| spellingShingle |
ACCOUNTING ADMINISTRATIVE AUTONOMY ADMINISTRATIVE FUNCTIONS AGRICULTURAL PRODUCTS AGRICULTURE ANTIDUMPING ANTIDUMPING DUTIES ANTIDUMPING MEASURES ANTIDUMPING RULES AUTHORITY AUTONOMY AVERAGE TARIFF BALANCE OF PAYMENTS BANKRUPTCY BUREAUCRACY CAPITAL FLOWS CAPITAL GOODS CDS CENTRAL BANK CENTRAL BANK LAW COMPETITION CRITERIA COMPETITIVENESS CONSTITUTION CONSUMER PROTECTION CONSUMERS CONTROLLED PRICES CORRUPTION COUNCIL OF MINISTERS COUNTRY OF ORIGIN CUSTOMS CLEARANCE DEBT DECREE DEMOCRACY DEPOSIT INSURANCE DEREGULATION DOMESTIC INDUSTRY DOMESTIC PRODUCTION ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMISTS EMPLOYMENT EXCHANGE RATE EXCHANGE RATES EXPORT SECTORS EXPORTERS EXPORTS FAIR TRADE FINANCIAL SYSTEM FISCAL FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN INVESTMENTS FOREIGN TRADE FOREIGN TRADE POLICY FREE MARKET ECONOMY FREE MARKETS FREE TRADE GOVERNMENT AGENCY GOVERNMENT POLICY HEALTH SERVICES HIGH TARIFFS HUMAN RESOURCES IDEOLOGIES IMPORTS INDUSTRIAL PRODUCTION INDUSTRIAL SECTOR INEFFICIENCY INFLATION INSOLVENCY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL REFORM INSURANCE INTERNATIONAL ORGANIZATIONS JUDICIARY LABOR MARKET LABOR MARKETS LAWS LEGAL ACTION LEGISLATION LEGISLATORS MACROECONOMIC CONTEXT MARKET ACCESS MARKET COMPETITION MONOPOLIES NATIONAL LEVEL NATIONAL TERRITORY ORGANIZATIONAL STRUCTURE PATENTS PAYROLL TAXES POLITICAL CRISIS POLITICAL INTERFERENCE POLITICAL POWER PREFERENTIAL TREATMENT PRESIDENCY PRICE SUBSIDIES PRIVATIZATION PRODUCERS PRODUCTION COSTS PROTECTIONISM PUBLIC AGENCY PUBLIC EXPENDITURE PUBLIC FINANCES PUBLIC HEALTH QUALITY STANDARDS QUANTITATIVE RESTRICTIONS RATIONALIZATION REPRESENTATIVES REPRESENTATIVITY REVENUE ADMINISTRATION REVENUE COLLECTION SAFEGUARD CLAUSE SAFEGUARD MEASURES SALES TAXES SOCIAL PROGRAMS STATE AGENCIES STATE ENTERPRISES STATISTICAL DATA TARIFF LEVELS TARIFF RATES TARIFF REDUCTION TOTAL REVENUE TRADE AGREEMENT TRADE LIBERALIZATION TRADE POLICY TRADE PROTECTION TRADE REFORM TRANSPARENCY UNFAIR COMPETITION WTO Webb, Richard Camminati, Josefina Thorne, Raúl León Antidumping Mechanisms and Safeguards in Peru |
| geographic_facet |
Latin America & Caribbean Peru |
| relation |
Policy Research Working Paper; No. 3658 |
| description |
Peru's experience in the application of antidumping and safeguard measures is characterized by a radical change in the philosophy and procedures of trade at the beginning of the 1990s, and by an increasing use of these mechanisms. Trade liberalization was accompanied by the liberalization of foreign currency transactions and of financial and labor markets. Also, the internal revenue administration was modernized, institutions for regulation and competition defense were created, and state enterprises were transferred to private owners or concessionaires. New laws and institutions were created to regulate markets, including INDECOPI, a novel government agency charged with antimonopoly regulation and consumer defense, and which houses the Antidumping and Subsidies Commission. This highly autonomous and technical Commission became the central player in the implementation of WTO rules and procedures for fair trade. Since the reform was launched, a total of 81 trade protection cases have been presented, of which 57 were followed by a dumping investigation. The application of antidumping duties was approved for 29 of the cases investigated. Only two cases of safeguard investigations were recorded, one of which (Chinese textile clothing articles) is still in the negotiation phase. This paper reviews that case experience in detail, concluding that Peru has clearly differentiated between unfair competition and dumping on the one hand, and damage and safeguards on the other, and has applied strict technical criteria to the former and broader political considerations to the latter. Despite recent indications of a partial retreat from those principles, the decade-old reform is expected to last. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Webb, Richard Camminati, Josefina Thorne, Raúl León |
| author_facet |
Webb, Richard Camminati, Josefina Thorne, Raúl León |
| author_sort |
Webb, Richard |
| title |
Antidumping Mechanisms and Safeguards in Peru |
| title_short |
Antidumping Mechanisms and Safeguards in Peru |
| title_full |
Antidumping Mechanisms and Safeguards in Peru |
| title_fullStr |
Antidumping Mechanisms and Safeguards in Peru |
| title_full_unstemmed |
Antidumping Mechanisms and Safeguards in Peru |
| title_sort |
antidumping mechanisms and safeguards in peru |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/07/6045517/antidumping-mechanisms-safeguards-peru http://hdl.handle.net/10986/8202 |
| _version_ |
1764407487309545472 |
| spelling |
okr-10986-82022021-04-23T14:02:43Z Antidumping Mechanisms and Safeguards in Peru Webb, Richard Camminati, Josefina Thorne, Raúl León ACCOUNTING ADMINISTRATIVE AUTONOMY ADMINISTRATIVE FUNCTIONS AGRICULTURAL PRODUCTS AGRICULTURE ANTIDUMPING ANTIDUMPING DUTIES ANTIDUMPING MEASURES ANTIDUMPING RULES AUTHORITY AUTONOMY AVERAGE TARIFF BALANCE OF PAYMENTS BANKRUPTCY BUREAUCRACY CAPITAL FLOWS CAPITAL GOODS CDS CENTRAL BANK CENTRAL BANK LAW COMPETITION CRITERIA COMPETITIVENESS CONSTITUTION CONSUMER PROTECTION CONSUMERS CONTROLLED PRICES CORRUPTION COUNCIL OF MINISTERS COUNTRY OF ORIGIN CUSTOMS CLEARANCE DEBT DECREE DEMOCRACY DEPOSIT INSURANCE DEREGULATION DOMESTIC INDUSTRY DOMESTIC PRODUCTION ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMISTS EMPLOYMENT EXCHANGE RATE EXCHANGE RATES EXPORT SECTORS EXPORTERS EXPORTS FAIR TRADE FINANCIAL SYSTEM FISCAL FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN INVESTMENTS FOREIGN TRADE FOREIGN TRADE POLICY FREE MARKET ECONOMY FREE MARKETS FREE TRADE GOVERNMENT AGENCY GOVERNMENT POLICY HEALTH SERVICES HIGH TARIFFS HUMAN RESOURCES IDEOLOGIES IMPORTS INDUSTRIAL PRODUCTION INDUSTRIAL SECTOR INEFFICIENCY INFLATION INSOLVENCY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL REFORM INSURANCE INTERNATIONAL ORGANIZATIONS JUDICIARY LABOR MARKET LABOR MARKETS LAWS LEGAL ACTION LEGISLATION LEGISLATORS MACROECONOMIC CONTEXT MARKET ACCESS MARKET COMPETITION MONOPOLIES NATIONAL LEVEL NATIONAL TERRITORY ORGANIZATIONAL STRUCTURE PATENTS PAYROLL TAXES POLITICAL CRISIS POLITICAL INTERFERENCE POLITICAL POWER PREFERENTIAL TREATMENT PRESIDENCY PRICE SUBSIDIES PRIVATIZATION PRODUCERS PRODUCTION COSTS PROTECTIONISM PUBLIC AGENCY PUBLIC EXPENDITURE PUBLIC FINANCES PUBLIC HEALTH QUALITY STANDARDS QUANTITATIVE RESTRICTIONS RATIONALIZATION REPRESENTATIVES REPRESENTATIVITY REVENUE ADMINISTRATION REVENUE COLLECTION SAFEGUARD CLAUSE SAFEGUARD MEASURES SALES TAXES SOCIAL PROGRAMS STATE AGENCIES STATE ENTERPRISES STATISTICAL DATA TARIFF LEVELS TARIFF RATES TARIFF REDUCTION TOTAL REVENUE TRADE AGREEMENT TRADE LIBERALIZATION TRADE POLICY TRADE PROTECTION TRADE REFORM TRANSPARENCY UNFAIR COMPETITION WTO Peru's experience in the application of antidumping and safeguard measures is characterized by a radical change in the philosophy and procedures of trade at the beginning of the 1990s, and by an increasing use of these mechanisms. Trade liberalization was accompanied by the liberalization of foreign currency transactions and of financial and labor markets. Also, the internal revenue administration was modernized, institutions for regulation and competition defense were created, and state enterprises were transferred to private owners or concessionaires. New laws and institutions were created to regulate markets, including INDECOPI, a novel government agency charged with antimonopoly regulation and consumer defense, and which houses the Antidumping and Subsidies Commission. This highly autonomous and technical Commission became the central player in the implementation of WTO rules and procedures for fair trade. Since the reform was launched, a total of 81 trade protection cases have been presented, of which 57 were followed by a dumping investigation. The application of antidumping duties was approved for 29 of the cases investigated. Only two cases of safeguard investigations were recorded, one of which (Chinese textile clothing articles) is still in the negotiation phase. This paper reviews that case experience in detail, concluding that Peru has clearly differentiated between unfair competition and dumping on the one hand, and damage and safeguards on the other, and has applied strict technical criteria to the former and broader political considerations to the latter. Despite recent indications of a partial retreat from those principles, the decade-old reform is expected to last. 2012-06-15T20:13:00Z 2012-06-15T20:13:00Z 2005-07 http://documents.worldbank.org/curated/en/2005/07/6045517/antidumping-mechanisms-safeguards-peru http://hdl.handle.net/10986/8202 English Policy Research Working Paper; No. 3658 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Peru |