The Encyclopedia
of World Problems
& Human Potential

Protectionism in the shipping industry

Nature

The current world economic situation is characterized by structural disequilibria whereby the increasing distortion and structural rigidity of the international division of labour have a cause and effect relationship with intensified protectionism. The shipping industry has not been insulated from this crisis, and itself continues to operate under various types of restrictive and distorting business practices.

Incidence

In 2002, the EU announce that its negotiations with Korea to find an amicable solution to the long-standing Korean unfair shipbuilding practices had failed. The EU would trigger the twin-track strategy: launch a World Trade Organisation (WTO) panel and authorise a temporary defensive mechanism (TDM), that is to say a temporary and limited state aid for EU shipbuilders.

Broader

Restrictive trade practices

Restrictive shipping practices

Ineffective self-regulation in the shipping industry

Aggravates

Imbalance in shipbuilding industry distribution

Aggravated by

Excess capacity in the shipping industry

Value(s)

Protectionism

Type

(E) Emanations of other problems

About the Encyclopedia

The Encyclopedia of World Problems and Human Potential is a unique, experimental research work of the Union of International Associations. It is currently published as a searchable online platform with profiles of world problems, action strategies, and human values that are interlinked in novel and innovative ways. These connections are based on a range of relationships such as broader and narrower scope, aggravation, relatedness and more. By concentrating on these links and relationships, the Encyclopedia is uniquely positioned to bring focus to the complex and expansive sphere of global issues and their interconnected nature.

The initial content for the Encyclopedia was seeded from UIA’s Yearbook of International Organizations. UIA’s decades of collected data on the enormous variety of association life provided a broad initial perspective on the myriad problems of humanity. Recognizing that international associations are generally confronting world problems and developing action strategies based on particular values, the initial content was based on the descriptions, aims, titles and profiles of international associations.

About UIA

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Protectionism in the shipping industry

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