Local Content Requirements

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, and increasing value added to saf...

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Sprache:Englisch
Veröffentlicht: Taylor & Francis 2023
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collection Directory of Open Access Books
description 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, and 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. This book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics.
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spelling doab-20.500.12854ir-1218252025-03-20T22:11:45Z Local Content Requirements Ing, Lili Yan Grossman, Gene M. Economics Industrial Policy International Trade Local Content Requirements Political Economy WTO 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, and 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. This book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics. 2023-11-17T08:43:22Z 2023-11-17T08:43:22Z 2023-11-01T11:15:17Z 2024 book ONIX_20231101_9781003806912_55 OCN: 1388501166 https://library.oapen.org/handle/20.500.12657/77177 9781003806912 9781032542218 9781003415794 9781032542232 https://directory.doabooks.org/handle/20.500.12854/121825 eng Routledge-ERIA Studies in Development Economics open access image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/77177/1/9781003806912.pdf https://library.oapen.org/bitstream/20.500.12657/77177/1/9781003806912.pdf https://library.oapen.org/bitstream/20.500.12657/77177/1/9781003806912.pdf https://library.oapen.org/bitstream/20.500.12657/77177/1/9781003806912.pdf Taylor & Francis Routledge 10.4324/9781003415794 10.4324/9781003415794 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 9781003806912 9781032542218 9781003415794 9781032542232 Routledge 264 open access
spellingShingle Economics
Industrial Policy
International Trade
Local Content Requirements
Political Economy
WTO
Local Content Requirements
title Local Content Requirements
title_full Local Content Requirements
title_fullStr Local Content Requirements
title_full_unstemmed Local Content Requirements
title_short Local Content Requirements
title_sort local content requirements
topic Economics
Industrial Policy
International Trade
Local Content Requirements
Political Economy
WTO
topic_facet Economics
Industrial Policy
International Trade
Local Content Requirements
Political Economy
WTO
url ONIX_20231101_9781003806912_55