DOI: 10.1093/9780198962595.003.0029 ISSN:
Diversifying Policy Options for Advancing Development through Trade
Yong-Shik LeeAbstract
This chapter explores how developing countries are conceptualizing trade law in the current geoeconomic context. It examines specific areas of trade policy through case studies, contrasting the approaches of certain developing countries with those of major developed economies. Additionally, the chapter investigates how emerging perspectives on the future of trade law may contribute to achieving development goals. This chapter compares how governments are actively shaping trade law in regional and international forums as a tool to advance their development objectives, especially in Asia. The chapter focuses on industrial policy strategies including subsidies and their alternatives.