Export Restrictions on Strategic Raw Materials and Their Impact on Trade:
Barriers to trade come in a variety of forms. This paper examines one such barrier, export restrictions, and how it impacts trade and global supply in selected strategic metals and minerals. The metals and minerals examined in the paper are of particular interest for a number of reasons: they are ge...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2010
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Schriftenreihe: | OECD Trade Policy Papers
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Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | Barriers to trade come in a variety of forms. This paper examines one such barrier, export restrictions, and how it impacts trade and global supply in selected strategic metals and minerals. The metals and minerals examined in the paper are of particular interest for a number of reasons: they are generally geographically concentrated in a few countries, many are used in the production of high-technology goods in strategic sectors and there are few substitutes for these raw materials given the present state of technology. For all these reasons, importing countries are dependent on a reliable supply of these raw materials. Export restrictions may be applied for a number of reasons: protection of the environment, preservation of natural resources, protection of downstream industries, or as a response to a number of different market imperfections. This paper examines the motivations for using export restrictions and finds varying impacts on trade and global supply. In one case, the export restrictions put into place did not fulfill their objective of environmental protection. In another, the presence of export restrictions in one country put pressure on other exporters to apply restrictions suggesting the potential for competitive policy practices in restricting exports. In a third case study, export restrictions were seen to impact investment decisions by potential suppliers worldwide by introducing an added element of risk in the industry. The impact of export restrictions on strategic metals and minerals are exacerbated in many cases because producing countries have a quasi-monopoly on supply. Since these metals and minerals are essential in the production of some high-technology products and are not easily replaceable in the medium term, industry participants in some importing countries are concerned about future access at sustainable prices |
Beschreibung: | 1 Online-Ressource (29 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5kmh8pk441g8-en |
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spelling | Korinek, Jane Verfasser aut Export Restrictions on Strategic Raw Materials and Their Impact on Trade Jane Korinek and Jeonghoi Kim Paris OECD Publishing 2010 1 Online-Ressource (29 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Trade Policy Papers Barriers to trade come in a variety of forms. This paper examines one such barrier, export restrictions, and how it impacts trade and global supply in selected strategic metals and minerals. The metals and minerals examined in the paper are of particular interest for a number of reasons: they are generally geographically concentrated in a few countries, many are used in the production of high-technology goods in strategic sectors and there are few substitutes for these raw materials given the present state of technology. For all these reasons, importing countries are dependent on a reliable supply of these raw materials. Export restrictions may be applied for a number of reasons: protection of the environment, preservation of natural resources, protection of downstream industries, or as a response to a number of different market imperfections. This paper examines the motivations for using export restrictions and finds varying impacts on trade and global supply. In one case, the export restrictions put into place did not fulfill their objective of environmental protection. In another, the presence of export restrictions in one country put pressure on other exporters to apply restrictions suggesting the potential for competitive policy practices in restricting exports. In a third case study, export restrictions were seen to impact investment decisions by potential suppliers worldwide by introducing an added element of risk in the industry. The impact of export restrictions on strategic metals and minerals are exacerbated in many cases because producing countries have a quasi-monopoly on supply. Since these metals and minerals are essential in the production of some high-technology products and are not easily replaceable in the medium term, industry participants in some importing countries are concerned about future access at sustainable prices Trade Kim, Jeonghoi ctb https://doi.org/10.1787/5kmh8pk441g8-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Korinek, Jane Export Restrictions on Strategic Raw Materials and Their Impact on Trade Trade |
title | Export Restrictions on Strategic Raw Materials and Their Impact on Trade |
title_auth | Export Restrictions on Strategic Raw Materials and Their Impact on Trade |
title_exact_search | Export Restrictions on Strategic Raw Materials and Their Impact on Trade |
title_exact_search_txtP | Export Restrictions on Strategic Raw Materials and Their Impact on Trade |
title_full | Export Restrictions on Strategic Raw Materials and Their Impact on Trade Jane Korinek and Jeonghoi Kim |
title_fullStr | Export Restrictions on Strategic Raw Materials and Their Impact on Trade Jane Korinek and Jeonghoi Kim |
title_full_unstemmed | Export Restrictions on Strategic Raw Materials and Their Impact on Trade Jane Korinek and Jeonghoi Kim |
title_short | Export Restrictions on Strategic Raw Materials and Their Impact on Trade |
title_sort | export restrictions on strategic raw materials and their impact on trade |
topic | Trade |
topic_facet | Trade |
url | https://doi.org/10.1787/5kmh8pk441g8-en |
work_keys_str_mv | AT korinekjane exportrestrictionsonstrategicrawmaterialsandtheirimpactontrade AT kimjeonghoi exportrestrictionsonstrategicrawmaterialsandtheirimpactontrade |