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by joshuaissac 1212 days ago
Poor countries are generally bad at collecting taxes,[1] and what little is collected is at risk of being pocketed by officials due to higher levels of corruption.[2] Subsidies may also fall afoul of WTO obligations.[3] Besides, Western countries also have anti-dumping regulations that are in practice used to shield domestic industries being damaged by cheaper imports.[4]

1. https://www.brookings.edu/blog/future-development/2015/04/30...

2. https://bigthink.com/technology-innovation/are-poorer-countr...

3. https://www.trade.gov/trade-guide-wto-subsidies

4. https://www.semanticscholar.org/paper/Ten-Years-of-Anti-dump...