Anti-Dumping Measures Under GATT/WTO by Sheela Rai – Edition 2004

Description

With dumping of goods becoming a serious threat to the Indian economy, this book is most appropriately timed. Thoroughly researched and updated, the work explores the rights available to countries to take anti-dumping measures to protect their domestic industries in the current shift towards open economies and free trade movement between countries. The book further goes on to discuss the role played by the Panel and the Appellate Body constituted under GATT, in regulating the exercise of this right by the countries, and control protectionism and promote free trade between countries. The procedural norms have gradually been tightened to reduce the discretion otherwise available to members in deciding whether a case fell within the scope of Article VI of GATT or not. This development has changed the nature of anti-dumping provisions under GATT from being a blanket provision enabling the Contracting Parties to impose anti-dumping measures under Article VI, to a closely scrutinized provision.

The work is relevant not only for the Indian readers but for all those third world countries whose economies are suffering from the effects of indiscriminate dumping of goods by developed nations.