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Unfair Advantage : Distortive Subsidies and Their Effects on Global Trade (English)

Government subsidies have emerged as a flashpoint in the geopolitical tensions that threaten to undermine the global rules-based trading system. Subsidies are among the tools deployed by the world’s major economies to tackle climate change, gain an edge in frontier technologies, and revamp supply chains disrupted by the COVID-19 pandemic and the war in Ukraine. Yet, even when deployed in pursuit of legitimate goals, subsidies can harm trading partners...
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World Bank.

Unfair Advantage : Distortive Subsidies and Their Effects on Global Trade (English). Equitable Growth, Finance and Institutions Insight Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099062623130526530

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