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Handbook on multilateral trade negotiations : agriculture (English)

This handbook is a study of multilateral trade negotiations, specifically in the agricultural sector. With increasingly protectionist policies, domestic farm policies appear to be poorly designed. These domestic policies often find their way into international markets, encouraging protectionism which limits access to imported agricultural commodities in their domestic markets. This paper also discusses two methods of studying effects on agricultural protectionism. First, nominal protection coefficients, only represent a rough measure of protection, as they are quite sensitive to economic variables. The second method involving the commodity market equilibrium is more detailed, but tends to underestimate gains that countries could achieve by liberalizing their own agricultural trade regimes. The paper also discusses past treatment of agriculture in GATT and implications/issues for further trade talks. The paper concludes that a number of less developed countries need to correct the existing distortions in their domestic policies which have depressed sectoral productivity and profitability. Furthermore, in order to respond to a more liberal global agricultural trading environment, domestic and external trade regimes must experience a parallel liberalization process.

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Citation

Fitchett,Delbert A.

Handbook on multilateral trade negotiations : agriculture (English). Agriculture and Rural Development Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/707491467980474039/Handbook-on-multilateral-trade-negotiations-agriculture