961. The Bombardier-Embraer Dispute and its Implications for Western Hemisphere Integration
- Author:
- Jonathan P. Doh
- Publication Date:
- 12-2003
- Content Type:
- Working Paper
- Institution:
- Center for Strategic and International Studies
- Abstract:
- Government subsidies are a pervasive problem for international trade and economic development. Subsidies distort investment decisions, generally squander scarce public resources, skew public expenditures toward unproductive uses, unfairly discriminate against efficient industries and firms, and prompt wasteful overconsumption of some products over others. Despite efforts to limit subsidies through trade and investment policy disciplines, subsidization remains a constant on the global trade policy and international business landscape.
- Topic:
- Economics, International Trade and Finance, and Treaties and Agreements
- Political Geography:
- South America, Latin America, Central America, Caribbean, and North America