Industrial Policy and The World Trade Organization

INDUSTRIAL APPROACHES TO WTO POLICY POST BREXIT- AN IMPORTANT BOOK FOR 2019 WITH THE UK LEAVING THE EU

An appreciation by Elizabeth Robson Taylor of Richmond Green Chambers and Phillip Taylor MBE, Head of Chambers and Reviews Editor, "The Barrister"

At just the right time for you, if ever there was an important statement on policy for the committed Brexiteer, then this brilliantly researched work from Professor Sherzod Shadikhodjaev is therefore just for you! It might even change your mind!

He writes that "the severe global financial crisis of 2008 could not be overcome without government interventions through industrial policy". We consider that the book has arrived at a crucial time offering us an analysis of industrial policy "from the perspectives of trade law and economics under the WTO system". The author expertly examines both "general tools of protecting and supporting domestic producers and specific topics like special economic zones, localization, greening measures and creative economy".

In addition to legal texts and the jurisprudence outlined here, this book extensively utilizes other WTO materials to show what is discussed in WTO meetings and forums on relevant issues. Content which many readers will not be too familiar with or informed about because it gives a new approach to the role of the World Trade Organisation for those who are not well informed on what they do.

Where it becomes applicable, Shadikhodjaev advances practical recommendations for 'right' or 'optimal' industrial policy "in certain contexts based on trade rules, case law and some countries' real experiences". The author concludes this work with some thoughts on concrete actions to be taken at the WTO and national levels and in academic circles in order to better tackle industrial policy issues. In short, it gives us a special insight into what the UK may well face in the summer of 2019.

This title is a part of Cambridge University Press's International Trade and Economic Law series of books giving the reader a thoughtful intellectual approach to current trading atmosphere economists and lawyers face with the challenges a post-Brexit world will offer all of us if Article 50 is implemented.

The book was published on 8th November 2018.