{"product_id":"local-content-requirements-1","title":"Local Content Requirements","description":"\u003cp\u003eAs 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.\u003c\/p\u003e\u003cp\u003eThe 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 level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product- and firm-level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy.\u003c\/p\u003e\u003cp\u003eThis book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics.\u003c\/p\u003e\u003cp\u003eThis book is freely available as downloadable Open Access PDFs at http:\/\/www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":54843955249496,"sku":"9781032542218","price":56.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9781032542218_9d64d9ad-aa53-4553-99d6-cfbb6eb3b812.jpg?v=1769271334","url":"https:\/\/agendabookshop.com\/products\/local-content-requirements-1","provider":"Agenda Bookshop","version":"1.0","type":"link"}