1st Edition

Local Content Requirements Promises and Pitfalls

Edited By Lili Yan Ing, Gene Grossman Copyright 2024
264 Pages 16 B/W Illustrations
by Routledge

264 Pages 16 B/W Illustrations
by Routledge

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, and increasing value added to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product... Read more

Contents

List of figures

List of tables

List of contributors

Acknowledgements

1. Introduction
Gene M. Grossman and Lili Yan Ing

2. Localisation Measures: A Global Perspective
Dorothee Flaig and Susan F. Stone

3. Local Content Policies in the Mining Sector
Jane Korinek and Paulo De Sa

4. The Unintended Consequences of High Regional Content Requirements
Keith Head, Thierry Mayer, and Marc Melitz

5. Local Content Requirement Policies in China and Their Impacts on Domestic Value Added in Exports
Kun Cai and Zhi Wang

6. Indonesia’s Local Content Requirements with its Trade and Investment Commitments
Michelle Limenta, Lili Yan Ing, Junianto James Losari, and Oscar Fernando

7. The Effects of Local Content Requirements on Trade: The Case of Indonesia
Yessi Vadila and David Christian

8. Quantifying the Impacts of LCRs on Firms: Evidence from Indonesia
Lili Yan Ing and Rui Zhang

Index

 

Biography

Lili Yan Ing is a lead advisor (Southeast Asia Region) at the Economic Research Institute for ASEAN and East Asia (ERIA). She also serves as secretary general of the International Economic Association (IEA).

Gene M. Grossman is the Jacob Viner Professor of International Economics in the Department of Economics and the School of Public and International Affairs at Princeton University.