By Einar Hope
The connection among pageant and alternate guidelines, and the advance of an efficient pageant coverage for an built-in international financial system, is among the most crucial and tough matters coverage makers at the moment face. This e-book examines the present debates round pageant and exchange coverage interactions, and discusses the necessity for brand spanking new coverage tasks in a world context.
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Extra resources for Competition and Trade Policies: Coherence or Conflict (Routledge Studies in the Modern World Economy , No 13)
As oil prices subsequently eroded and then collapsed in 1985 and 1986, the Middle Eastern demand for cement fell sharply. 1 million tons). 2). Important EC markets could be reached easily by water transportation from production sites on the coast of Greece. The Greek producers began positioning themselves to ship substantial quantities of cement to Italy, France, and (especially) the UK, where prices were held at high levels under the umbrella of a cartel that had escaped censure by Britain’s Restrictive Trade Practices Court.
30 In the US, the 1989–91 recession reduced cement demand appreciably. The US international trade authorities ruled in 1990 that Mexican producers had been dumping their cement in the US. 32 It is unclear what relative weights the growth of European demand, the temporary slump in US demand, the prosecution of anti-dumping cases against Mexican and Japanese sources, and the initiation of EC competition policy proceedings against cement makers in November 1991, carried in the decline of Greek exports to the US East Coast.
Now I add my interpretation, to be taken with the appropriate grain of potassium (not sodium) chloride. 1 had there been no anti-dumping action by the US government. Competition and trade policies: coherence or conflict? 1 Movement of Saskatchewan potash prices, 1986–93 Given Saskatchewan’s powerful position as the dominant source of potash to the US and the reliance of the government on revenue from price-dependent potash severance taxes, state-induced price increases would have been in the provincial government’s interest even without anti-dumping threats from the US.