Government subsidies are a key battle area in today’s trade disputes between countries, including the US and China. But finding and measuring those subsidies is increasingly hard. Ken Ash uses the aluminum sector to describe the OECD’s new approach to tracking them down. He also previews a new OECD report on subsidies to semiconductors, and the role of government-sponsored equity injections.
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- OECD. 2019. Measuring distortions in international markets: the aluminium value chain. OECD Trade Policy Papers, No. 218, OECD Publishing, Paris. http://dx.doi.org/10.1787/c82911ab-en