Fewer new anti-dumping cases

The WTO reports a 30 per­cent fall in the num­ber of anti-dump­ing inves­ti­ga­tions launched by Mem­bers in the sec­ond half of 2003, com­pared to the cor­rre­spond­ing peri­od in 2002. bq. 14 Mem­bers ini­ti­at­ed 115 anti-dump­ing inves­ti­ga­tions against exports from a total of 30 dif­fer­ent coun­tries or cus­toms ter­ri­to­ries … 46 of the 115 ini­ti­a­tions dur­ing the sec­ond semes­ter of 2003 were report­ed by devel­oped coun­tries (“wto”:http://www.wto.org/english/news_e/pres04_e/pr374_e.htm) In oth­er words, devel­op­ing coun­tries con­tin­ue to dom­i­nate the anti-dump­ing list, lauch­ing 60 per­cent of inves­ti­ga­tions. The fall in the num­ber of cas­es is not, after all, a sur­prise. The num­bers go up and down (with­in a ris­ing trend) because dump­ing is cycli­cal: a ratio­nal, com­pet­i­tive strat­e­gy that most firms use to cope with vari­a­tions in the busi­ness cylce. There’s like­ly to be less of it about as the glob­al econ­o­my climbs out of a trough in activ­i­ty as revealed in [[tradeGrowth2003 this pic­ture]]. The WTO press release con­tains more detail on the lat­est data includ­ing the con­tin­ued tar­get­ting of Chi­na’s exports and most activ­i­ty in the Chem­i­cals sector.

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