Document Type
Article
Version
Final Published Version
Publication Title
Business and Politics
Volume
16
Publication Date
2014
Abstract
Apart from being one of the hardest hit sectors during the 2008 financial crisis, the auto sector is also a prominent sector where emerging auto markets such as China have fared relatively well compared to their competitors in North America and Europe. This paper examines various ways that nations have shifted their policy gears to revive and restructure the automotive industry by using the case studies of the USA, France, and China. New sets of policy initiatives are contingent on particular industrial and institutional contexts, but both developed and developing countries have employed wide range of “murky” protectionist measures. This makes it unlikely for the WTO member countries to take a naming and shaming approach and file a case at the WTO level, which poses challenges to the WTO rules and trade liberalization.
Publisher's Statement
http://www.degruyter.com/view/j/bap.2014.16.issue-4/bap-2014-0015/bap-2014-0015.xml
Citation
Oh, Seung-Youn, "Shifting gears: industrial policy and automotive industry after the 2008 financial crisis," Business and Politics 16.4 (2014): 641-665.
DOI
10.1515/bap-2014-0015
