Citation:
SHEN Wei. Are New Anti-Subsidy Rules an Optimization or Distortion—— From the Perspective of Protecting Market Economy[J]. Academic Monthly, 2024, 56(5): 98-112.
Are New Anti-Subsidy Rules an Optimization or Distortion—— From the Perspective of Protecting Market Economy
-
Abstract
Free competition serves as the cornerstone of the international trade system within a market economy,nations should steer clear of governmental interventions,such as subsidies,which can disrupt market operations,global anti-subsidy regulations are thterfore undergoing changes.The current World Trade Organization’s Agreement on Subsidies and Countervailing Measures (ASCM) sets forth clear definitions,types,and remedies for subsidies,yet it encounters challenges in aspects such as public entity recognition.New anti-subsidy rules,exemplified by “WTO reform proposals from the U.S.,EU,and Japan”,the European Union’s Foreign Subsidies Regulation (FSR),and the “new U.S.exchange rate subsidies regulation”,seek to update the ASCM.These updates involve expanding the scope of regulation,incorporating competition law principles,and enhancing the determination of subsidy specificity.The economic-inefficiency of subsidy now viewed primarily as “market-distorting” rather than “industry-damaging”,has shifted to the forefront of the new anti-subsidy rules.However,a thorough examination of the regulatory targets,applicable conditions,and true objectives reveals lingering doubts about the efficacy of these new regulations in preserving a market economy.
-
-
References
-
Access
-
-
[1]
ZHAO Lin
, ZHANG Boyu
, LIANG Hua
. The Relationship Between Monopoly and Innovation in Information Product Markets——A Growth Network Perspective. Academic Monthly,
2026, 58(7): 64-76.
-
[2]
LEI Lei
. Methodological Standpoint of Digital Jurisdiction: Functionalism, or Normativism?. Academic Monthly,
2026, 58(1): 108-119.
-
[3]
ZHANG Jun
, FANG Hongsheng
. Intergovernmental Fiscal Relations and Economic Growth. Academic Monthly,
2026, 58(8): 70-90.
-
[4]
SHEN Yifei
. Theoretical Genealogies of the Emotional Economy and the Chinese Context. Academic Monthly,
2026, 58(7): 129-142.
-
[5]
NI Liangkang
. The Philosophy of History of “New Idealism” after Hegel: Neo-Hegelianism. Academic Monthly,
2026, 58(7): 12-22.
-
[6]
YANG Dian
, DONG Shuhao
. The Social Construction of Economic Value——Evidence from Financial Markets, with a Discussion on Building a Valuation System with Chinese Characteristics. Academic Monthly,
2026, 58(1): 131-146.
-
[7]
LIU Wei
. Several Important Theoretical Issues Needing Further Clarification for the Growth and Expansion of the Private Economy. Academic Monthly,
2026, 58(7): 41-53.
-
[8]
HE Lei
. What Is Kant's “Problem of the Thing-in-Itself”——With a Concurrent Critique of Mou Zongsan's Assertion and Li Minghui's Defense. Academic Monthly,
2026, 58(3): 31-40.
-
[9]
LU Mingjun
. Simulacra, Pattern Recognition, and Computational Formalism——Reflections on the Application of AI in Artistic Practice and Art History Research. Academic Monthly,
2026, 58(8): 41-55.
-
-
沪公网安备 31010102003103号
DownLoad: