By Merlinda D. Ingco, John D. Nash
Constructing international locations have a big stake within the end result of exchange negotiations carried out below the auspices of the area alternate association (WTO). 'Agriculture and the WTO: making a buying and selling approach for improvement' explores the main matters and strategies in agricultural exchange liberalization from the point of view of those constructing nations. top specialists in alternate and agriculture from either constructed and constructing nations offer key learn findings and coverage analyses on various matters that incorporates marketplace entry, household aid, export pageant, quota management equipment, foodstuff safety, biotechnology, highbrow estate rights, and agricultural exchange lower than the Uruguay around contract on Agriculture. fabric is roofed in precis and in complete element with aiding information, a considerable bibliography, and listings of on-line assets. This e-book could be of curiosity to policymakers and analysts within the fields of improvement economics and commodities pricing and exchange.
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Additional resources for Agriculture and the WTO: Creating a Trading System for Development (World Bank Trade and Development Series)
How the Uruguay Round Agreement on Agriculture Came About Legal Position in the GATT The importance of the URAA can be understood only by looking at the history of efforts to provide rules for trade in agricultural commodities. 1 The Price of Multilateral Negotiations Though multilateral negotiations have their advantages, they also have their price. They are long, slow, and complex, and make great demands on governmental attention at both political and official levels. They are prone to recurrent delays and crises that may be triggered by events such as foreign elections that would normally be of no concern to most participants.
1995. ” Brookings Papers on Economic Activity (1): 1–118. Sadoulet, Elisabeth, Alain de Janvry, and Benjamin Davis. 2001. ” World Development 29(6): 1043–56. , and A. Valdés. 1992a. A Synthesis of the Economics in Developing Countries. Vol. 4. The Political Economy of Agricultural Pricing Policy. Baltimore: The Johns Hopkins University Press. ———. 1992b. ” Policy Research Working Paper. 1967. C. Srinivasan, T. , and Bhagwati, J. ” Economic Growth Center Discussion Paper 806. Yale University, New Haven, Conn.
10 Agriculture and the WTO for processed tropical products, preventing the development of value-added activities in developing countries. Specific tariffs are used widely in agriculture and are generally regarded as less transparent and more distortional than ad valorem tariffs. Since the weight of specific tariffs (as a percentage of the total price of the product) is lower with higher-price products, there is therefore an incentive to supply higher-value products within each dutiable category.