Impact of joining the WTO on Ukrainian ferrous metallurgy: subsidies vs. antidumping, is there really a trade-off?

Igor Eromenko, Katerina Lisenkova

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Authors provide a case study of the impact of antidumping and subsidies in Ukrainian steel. They argue that that accession the WTO for Ukraine will require the elimination of subsidies to Ukrainian steel. This will result in a benefit to Ukraine in a decline in antidumping actions against Ukrainian steel in its export markets. The authors quantify the impacts. Contrary to popular discussion in Ukraine, they show that the reduction in subsidies in Ukraine will also benefit the country as a whole. So, despite losses to the producers of steel, accession to the WTO, which entails both subsidy reduction and reduced antidumping against its exports, should be a win-win situation for Ukraine.
Original languageEnglish
Title of host publicationHandbook of Trade Policy and WTO Accession for Development in Russia and the CIS
EditorsDavid G. Tarr
Place of PublicationRussia
Pages380-382
Number of pages3
Publication statusPublished - 2006

Publication series

NameMPRA Paper
PublisherUniversity Library of Munich
Number67477

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Keywords

  • WTO
  • antidumping
  • metallurgy
  • subsidisation
  • Ukraine

Cite this

Eromenko, I., & Lisenkova, K. (2006). Impact of joining the WTO on Ukrainian ferrous metallurgy: subsidies vs. antidumping, is there really a trade-off? In D. G. Tarr (Ed.), Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS (pp. 380-382). (MPRA Paper; No. 67477). Russia.