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Government Support for Semiconductors & International Trade Disciplines - Proposed Chips Act for Europe within the Frame of WTO Commitments

Langdon, Matthew LU (2022) HARN63 20221
Department of Business Law
Abstract
The global semiconductor industry has benefited from a period of intense geographic specialization, yet faces the growing prospect of a new era of turbulence in international trade relations. Severely disrupted by exogenous shocks in global supply chains, the ability of the industry to cater to ceaseless demand growth is jeopardized by an increasing number of initiatives proposed for most industrialized economies to subsidize domestic development and production of semiconductors. The purpose of the study is to identify the array of measures currently being considered to stimulate the European semiconductor industry, along with their corresponding risk of being involved in international trade disputes based on earlier invocations of the WTO... (More)
The global semiconductor industry has benefited from a period of intense geographic specialization, yet faces the growing prospect of a new era of turbulence in international trade relations. Severely disrupted by exogenous shocks in global supply chains, the ability of the industry to cater to ceaseless demand growth is jeopardized by an increasing number of initiatives proposed for most industrialized economies to subsidize domestic development and production of semiconductors. The purpose of the study is to identify the array of measures currently being considered to stimulate the European semiconductor industry, along with their corresponding risk of being involved in international trade disputes based on earlier invocations of the WTO SCM Agreement. The study draws lessons from previous disputes citing the SCM Agreement to mitigate the risk of a complainant’s success in disputing the proposed EU measures. At the same time, the study considers whether the proposed legislation is coherent in addressing what is likely one of the most complex industries and sophisticated supply chains in the world. (Less)
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author
Langdon, Matthew LU
supervisor
organization
course
HARN63 20221
year
type
H1 - Master's Degree (One Year)
subject
keywords
subsidies, semiconductors, chips, EU, Chips Act, Subsidies and Countervailing Measures Agreement, WTO, DRAMS, R&D, trade disputes, GATT, Chips Fund
language
English
id
9086713
date added to LUP
2022-06-17 09:18:54
date last changed
2022-06-17 09:18:54
@misc{9086713,
  abstract     = {{The global semiconductor industry has benefited from a period of intense geographic specialization, yet faces the growing prospect of a new era of turbulence in international trade relations. Severely disrupted by exogenous shocks in global supply chains, the ability of the industry to cater to ceaseless demand growth is jeopardized by an increasing number of initiatives proposed for most industrialized economies to subsidize domestic development and production of semiconductors. The purpose of the study is to identify the array of measures currently being considered to stimulate the European semiconductor industry, along with their corresponding risk of being involved in international trade disputes based on earlier invocations of the WTO SCM Agreement. The study draws lessons from previous disputes citing the SCM Agreement to mitigate the risk of a complainant’s success in disputing the proposed EU measures. At the same time, the study considers whether the proposed legislation is coherent in addressing what is likely one of the most complex industries and sophisticated supply chains in the world.}},
  author       = {{Langdon, Matthew}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Government Support for Semiconductors & International Trade Disciplines - Proposed Chips Act for Europe within the Frame of WTO Commitments}},
  year         = {{2022}},
}