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The Economic Impact of Export Restrictions on Raw Materials
EAN13
9789264096448
Éditeur
"Éditions OECD"
Date de publication
Langue
anglais
Fiches UNIMARC
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The Economic Impact of Export Restrictions on Raw Materials

"Éditions OECD"

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  • Aide EAN13 : 9789264096448
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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.
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