Back to Search Start Over

Hometown Heroes: Onshoring, Promoting Local Content & WTO Law.

Authors :
Mitchell, Andrew D
Source :
Journal of World Investment & Trade; 2024, Vol. 25 Issue 4, p481-496, 16p
Publication Year :
2024

Abstract

This article examines the complexities and challenges associated with onshoring manufacturing through local content requirements within the context of World Trade Organization (WTO) law. Governments have intensified efforts to relocate production within their territories, leveraging local content requirements and incentives. This shift is primarily justified by the need for supply chain resilience, public health, and national security, aiming to mitigate risks associated with reliance on foreign suppliers during crises. However, these strategies may conflict with WTO obligations, particularly those concerning trade-related investment measures and subsidies. Using pharmaceuticals as a case study, this article explores the rationale, scope, and implications of WTO rules on local content policies. The analysis provides insights into how nations navigate the delicate balance between enhancing domestic capabilities and adhering to international trade laws. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
16607112
Volume :
25
Issue :
4
Database :
Complementary Index
Journal :
Journal of World Investment & Trade
Publication Type :
Academic Journal
Accession number :
179170869
Full Text :
https://doi.org/10.1163/22119000-12340333