Against anti-dumping

Article Abstract:

There is a danger that the anti-dumping argument can be used as a way of imposing protectionist policies which result in duties that may be imposed over the long term. Companies are encourage to charge high prices, which hits consumers. Predatory pricing is not common, and where it occurs, it should be tackled by measures other than anti-dumping regulations. National anti-trust bodies can tackle cases of predatory pricing. The European Union and US are increasingly using antidumping measures, and this can lead to retaliation.

Administration of General Economic Programs, Trade Barriers, Antidumping duties

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Japan's protection racket: how much do barriers to imports cost Japanese consumers?

Article Abstract:

Economists Shujiro Urata, Yoko Sazanami, and Hiroki Kawai have written a book that measures the effect of Japanese protectionism, which is most evident in agriculture and some manufacturing, on Japan's consumer economy. The trio estimate the costs of trade barriers at 15 trillion yen annually.

Prices and rates, Column, Consumer goods

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Reality hits Japan

Article Abstract:

The recent closures of large Japanese financial firms indicates that authorities are finally coming around to addressing financial problems. A bailout of the banking system is the most pressing need and is also extremely overdue.

Cover Story, Financial markets, Economic stabilization

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