Sensitive Sectors

Sensitive Sectors

Sensitive sectors in Global Commerce Policy

In this regard, sensitive sectors is: parts of the domestic economy posing special challenges to trade policy makers for various reasons, including relative technological backwardness, cultural factors, over-production or political clout. The entries on trade policy are here. Among them are agriculture, audiovisual services and cultural activities more generally, defence-related industries, financial services, shipbuilding, textiles and footwear. The entries on trade policy are here. In fact, almost any industry can turn itself into a sensitive sector if it feels the pressure of imports, and if it is willing to organise itself. The long-term solutions for dealing with the problems caused by sensitive sectors are usually found through structural adjustment or, if nothing else is done, through accidental obsolescence and the disappearance of some of the sector as players. See also cultural identity, sensitive products and sectoral trade negotiations.[1]

Sensitive sectorsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Sensitive sectors” entry (OAS)

See Also


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