Working Papers

Wayne Swan at Home and Abroad

Wayne Swan before the G20 summit in South Korea:

“As we go forward we have to ensure that we don’t see a return to protectionism in new guises,” Mr. Swan said, citing the G-20’s success in staving off protectionist measures in the past two years as one of the global gathering’s “great achievements.”

Wayne Swan before federal cabinet:

Sources confirmed yesterday that Trade Minister Craig Emerson won approval for the shift with the backing of Ms Gillard, but only after her deputy, Wayne Swan, attacked the policy as lacking a political constituency. The sources said that, although the Treasurer, who has a long record of advocacy for trade liberalisation, did not attack the principles of the policy, he questioned the political wisdom of proceeding with the change at a time when the government was already fighting for reform on a range of other fronts, including the carbon tax.

posted on 15 April 2011 by skirchner in Economics, Free Trade & Protectionism

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Time to Dump Australia’s Anti-Dumping Laws

I have an op-ed in today’s Australian arguing against the campaign by the Australian Workers’ Union and the federal opposition to strengthen Australia’s anti-dumping regime:

The AWU has dressed up its anti-dumping campaign in the language of free trade and adherence to World Trade Organisation rules. But there is nothing in the WTO rules that prohibits dumping and WTO members are not required to maintain an anti-dumping system…

It is far more likely that Australian consumers and producers will end up paying more because of misplaced fears about foreign predation than due to the acquisition of international monopoly power by foreign producers. Anti-dumping measures bring about the very outcome they are designed to prevent.

The Productivity Commission has recommended the introduction of a public interest test, which would improve the operation of our anti-dumping system by allowing greater consideration of the economy-wide implications of dumping.

But a simpler reform that would have greater benefits for Australian consumers and the majority of producers would be for Australia to dump its anti-dumping system. This was one of the recommendations of the 1989 Garnaut Report. It shows just how little progress has been made in this area that we have still not acted on Garnaut’s recommendation two decades later.

posted on 02 March 2011 by skirchner in Economics, Free Trade & Protectionism

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Free Trade Snitch

Dob-in a protectionist.  You know you want to.

posted on 12 June 2009 by skirchner in Economics, Free Trade & Protectionism

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