Agricultural Domestic Support Under the WTO
The WTO Agreement on Agriculture subjects different groups of developed and developing countries to different limits on domestic support and allows various exemptions from these limits. Offering a comprehensive assessment of the Agreement's rules and implementation, this book develops guidance toward socially desirable support policies. Although dispute settlement has clarified interpretation of the Agriculture and SCM Agreements, gaps remain between the legal disciplines and the economic effects of support. Considering the Agriculture Agreement also in the context of today's priorities of sustainability and climate change mitigation, Lars Brink and David Orden build a strategy that aligns the rules and members' commitments with the economic impacts of agricultural support measures. While providing in-depth analysis of the existing rules, their shortcomings and the limited scope of ongoing negotiations, the authors take a long-term view, where policies directed toward evolving priorities in agriculture are compatible with strengthened rules that reduce trade and production distortions.
- Clearly outlines the rules governing agricultural support that is subject to and exempt from limits
- Traces shifting levels and patterns of farm support since the 1994 WTO Agreement on Agriculture
- Draws on implementation, negotiation and dispute experience to demonstrate the shortcomings of existing rules and propose more effective economics-based disciplines
Reviews & endorsements
'Recommended.' C. W. Herrick, Choice
‘… essential reading for anyone who wants to understand the nature and scope of WTO disciplines on agricultural support.’ David Blandford, Journal of Agricultural Economics
‘This book is a great contribution to the study and analysis of domestic support disciplines under the Agriculture Agreement. Although few subjects in international trade are as complex, significant, and politically sensitive as domestic support, it is rare to find a book that examines in detail this subject. The value of this book is enhanced by the timing of its release, as it coincides with crucial WTO negotiations.’ Alejandro Sánchez, World Trade Review
‘… a well-timed explanation of the Agreement on Agriculture and review of its effects on domestic policies favoring agricultural producers … it provides a better understanding of the functioning of the WTO in reality-an understating that is sorely lacking in the current discourse.’ A. Ford Ramsey, Regulation
Product details
February 2023Adobe eBook Reader
9781009084963
0 pages
This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
- 1. Introduction
- 2. Domestic support disciplines of the Agriculture and SCM Agreements
- 3. Economic analysis of exemptions and administered prices
- 4. Trends among different types of domestic support
- 5. Transparency
- 6. Issues under negotiation
- 7. Disputes involving agricultural domestic support
- 8. Addressing twenty-first century policy priorities
- 9. Lessons from the experience
- References
- Index.