Reforming WTO Rules on State-Owned Enterprises: In the Context of SOEs Receiving Various Advantages

Description

This book argues that the trade-distorting effects of advantages associated with SOEs are more severe from an economic perspective, and the behavior of SOEs after receiving advantages is of more concern, compared to private-owned enterprises (POEs). The premise is that the existence of SOEs per se is not the essential problem; rather, the underlying problems are (i) the disproportionate granting of advantages to SOEs (compared to POEs) and (ii) the behavior of SOEs once they receive advantages. The book offers a systematic analysis focusing on the various advantages granted to SOEs and their subsequent behavior. Its detailed analysis reveals the inadequacy of current WTO rules and is complemented by a number of concrete proposals. Front Matter ....Pages i-xxii The Global Presence of SOEs and Their Receipts of Advantages (Yingying Wu)....Pages 1-67 The Extent, Nature, and Effect of Advantages Granted to Chinese SOEs (Yingying Wu)....Pages 69-123 The Existing WTO Rules Addressing the Problems and Their Weaknesses (Yingying Wu)....Pages 125-191 Proposals to the WTO Rules to Address the Problems (Yingying Wu)....Pages 193-216 General Assessments of the Proposals Within the WTO Framework (Yingying Wu)....Pages 217-249 Back Matter ....Pages 251-265