Description |
1 online resource |
Series |
Routledge-ERIA studies in development economics |
Summary |
"As anti-globalization and geopolitical tensions continue to rise, the use of Local Content Requirements (LCRs) around the world has become more noticeable than ever before. The reasons for adopting LCRs range from ensuring domestic supply availability, job creation, increasing value added, to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product and firm level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy. A useful resource that will interest policymakers, researchers and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics"-- Provided by publisher |
Bibliography |
Includes bibliographical references and index |
Notes |
Lili Yan Ing is a lead advisor (Southeast Asia Region) at the Economic Research Institute for ASEAN and East Asia (ERIA). She also serves as secretary general of the International Economic Association (IEA). Gene M. Grossman is the Jacob Viner Professor of International Economics in the Department of Economics and the School of Public and International Affairs at Princeton University |
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Description based on print version record and CIP data provided by publisher; resource not viewed |
Subject |
International trade.
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Foreign trade regulation.
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Commercial policy.
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Economic development.
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economic development.
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Commercial policy.
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Economic development.
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Foreign trade regulation.
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International trade.
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BUSINESS & ECONOMICS / Economics / General
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BUSINESS & ECONOMICS / Economics / Theory
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BUSINESS & ECONOMICS / Accounting / Governmental
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Form |
Electronic book
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Author |
Ing, Lili Yan, editor.
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Grossman, Gene M., editor.
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LC no. |
2023029277 |
ISBN |
9781003415794 |
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1003415792 |
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9781003806912 |
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1003806910 |
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9781003806936 |
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1003806937 |
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