LEADER 02440nam 2200445 450 001 9910753381103321 005 20231114201336.0 010 $a1-003-41579-2 035 $a(CKB)28638389600041 035 $a(NjHacI)9928638389600041 035 $a(EXLCZ)9928638389600041 100 $a20231114d2023 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aLocal Content Requirements $ePromises and Pitfalls /$fedited by Lili Yan Ing, Gene M. Grossman 210 1$aAbingdon, Oxon, England :$cRoutledge,$d2023. 215 $a1 online resource (264 pages) 225 0 $aRoutledge-ERIA studies in development economics 311 $a9781032542232 330 $a"As anti-globalization and geopolitical tensions continue to rise, the use of Local Content Requirements (LCRs) around the world has become more noticeable than ever before. The reasons for adopting LCRs range from ensuring domestic supply availability, job creation, increasing value added, to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product and firm level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy. A useful resource that will interest policymakers, researchers and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics"-- Provided by publisher. 606 $aCommercial policy 606 $aEconomic development 606 $aForeign trade regulation 606 $aInternational trade 615 0$aCommercial policy. 615 0$aEconomic development. 615 0$aForeign trade regulation. 615 0$aInternational trade. 676 $a382.3 702 $aIng$b Lili Yan 702 $aGrossman$b Gene M. 801 0$bNjHacI 801 1$bNjHacl 906 $aBOOK 912 $a9910753381103321 996 $aLocal Content Requirements$93593109 997 $aUNINA