The economic impact of export restrictions on raw materials.

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Series:

OECD trade policy studies.

OECD trade policy studies, 1990-1534

Language:

English

Subjects (All):

Raw materials--Economic aspects.

Raw materials.

Export controls.

Physical Description:

1 online resource (177 p.)

Place of Publication:

Paris : OECD, c2010.

Language Note:

English

Summary:

Export restrictions on raw materials are applied to achieve a number of policy objectives. However, they can have a significant and negative impact on the efficient allocation of resources, international trade, and the competitiveness and development of industries in both exporting and importing countries. By diverting exports to domestic markets, export restrictions raise prices for foreign consumers and importers. At the same time, by reducing domestic prices in the applying countries and increasing global uncertainty concerning future prices, export restrictions negatively affect investment, thus potentially reducing the overall supply of raw materials in the long term. In view of existing alternative policy tools that have a different impact on trade, the effectiveness of export restrictions to achieve stated policy objectives should be carefully reviewed. This publication presents a selection of papers discussed at the OECD Workshop on Raw Materials, held in Paris in October 2009. This workshop was organised in response to the growing concern on the use of export restrictions on raw materials, particularly by emerging economies.

Contents:

Acronyms

Recent Trends in Export Restrictions on Raw Materials

Executive Summary

Foreword

The Economic Impact of Export Restraints on Russian Natural Gas and Raw Timber

Increasing Demand For and Restricted Supply of Raw Materials

The Economics of Export Taxes in the Context of Food Security

Export Restrictions on Strategic Raw Materials and Their Impact on Trade and Global Supply

Export Barriers and the Steel Industry.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references.

ISBN:

1-282-94478-9

9786612944789

92-64-09644-2

OCLC:

682066711