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.
Peter Gallagher is student of piano and photography. He was formerly a senior trade official of the Australian government. For some years after leaving government, he consulted to international organizations, governments and business groups on trade and public policy.
He teaches graduate classes at the University of Adelaide on trade research methods and the role of firms in trade and growth and tweets trade (and other) stuff from @pwgallagher