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The economic impact of export restrictions on raw materials.

Author: Organisation for Economic Co-operation and Development.
Publisher: Paris : OECD, ©2010.
Series: OECD trade policy studies.
Edition/Format:   eBook : Document : Conference publication : International government publication : EnglishView all editions and formats
Summary:
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.  Read more...
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Genre/Form: Electronic books
Conference papers and proceedings
Congresses
Additional Physical Format: Print version:
OECD Conference on Raw Materials (2009).
E economic impact of export restrictions on raw materials.
Paris : OECD, ©2010
(OCoLC)696741538
Material Type: Conference publication, Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Organisation for Economic Co-operation and Development.
ISBN: 9789264096448 9264096442
OCLC Number: 682066711
Description: 1 online resource (173 pages).
Contents: Foreword --
Acronyms --
Executive Summary --
Recent Trends in Export Restrictions on Raw Materials --
The Economics of Export Taxes in the Context of Food Security --
Export Barriers and the Steel Industry --
Export Restrictions on Strategic Raw Materials and Their Impact on Trade and Global Supply --
The Economic Impact of Export Restraints on Russian Natural Gas and Raw Timber --
Increasing Demand For and Restricted Supply of Raw Materials.
Series Title: OECD trade policy studies.

Abstract:

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 organized in response to the growing concern on the use of export restrictions on raw materials, particularly by emerging economies.--Publisher's description.

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