Public Support to Industry
Observer 204, February/March 1997
The OECD has recently completed the third phase of a project which aims to increase the international transparency and comparability of government support to manufacturing industry. The results point
clearly to the persisting importance of subsidies as an instrument of structural policies in the OECD area. Can such subsidies still be justified, particularly in view of their distortion of trade and competition?To read the full article, download the PDF file below.