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How much policy space still exists under the WTO? A comparative study of the automotive industry in Thailand and Malaysia

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  • Kaoru Natsuda
  • John Thoburn

Abstract

This paper investigates the policy space open to developing countries under the WTO regime. It is apparent that industrial policy options in developing countries are limited by the TRIPs, GATS, TRIMs and SCMs agreements under the WTO. However, policy options are not fully closed, and a narrower range of policies is still available. Focusing particularly on TRIMs, this paper examines the contrasting development of the automotive industries in Thailand and Malaysia, showing the different ways these countries have carved out new industrial policies within the now available policy space.

Suggested Citation

  • Kaoru Natsuda & John Thoburn, 2014. "How much policy space still exists under the WTO? A comparative study of the automotive industry in Thailand and Malaysia," Review of International Political Economy, Taylor & Francis Journals, vol. 21(6), pages 1346-1377, December.
    • Handle: RePEc:taf:rripxx:v:21:y:2014:i:6:p:1346-1377
    DOI: 10.1080/09692290.2013.878741
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    References listed on IDEAS

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    1. Marcus Noland & Howard Pack, 2003. "Industrial Policy in an Era of Globalization: Lessons from Asia," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 358, April.
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    Cited by:

    1. Ferlito, Carmelo, 2015. "Malaysia NAP: More Shadows than Lights," MPRA Paper 67714, University Library of Munich, Germany.
    2. Flentø, Daniel & Ponte, Stefano, 2017. "Least-Developed Countries in a World of Global Value Chains: Are WTO Trade Negotiations Helping?," World Development, Elsevier, vol. 94(C), pages 366-374.
    3. Ali Burak Güven, 2016. "Rethinking Development Space in Emerging Countries: Turkey's Conservative Countermovement," Development and Change, International Institute of Social Studies, vol. 47(5), pages 995-1024, September.
    4. John Agnew, 2015. "What's Wrong with the WTO and How to Fix It By Rorden Wilkinson Cambridge : Polity , 2014 ," Economic Geography, Clark University, vol. 91(4), pages 509-511, October.
    5. Minaee, Mohammadreza & Elahi, Shaban & Majidpour, Mehdi & Manteghi, Manoochehr, 2021. "Lessons learned from an unsuccessful “catching-up” in the automobile industry of Iran," Technology in Society, Elsevier, vol. 66(C).
    6. Kozo Otsuka & Kaoru Natsuda, 2016. "The Determinants Of Total Factor Productivity In The Malaysian Automotive Industry: Are Government Policies Upgrading Technological Capacity?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-18, September.

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