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Author Anderson, Kym ♦ Hoekman, Bernard ♦ Strutt, Anna
Source CiteSeerX
Content type Text
File Format PDF
Language English
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Subject Keyword Farm Trade Measure ♦ Sizeable Farm Protection Cut ♦ Next Step ♦ Wto Rule ♦ Significant Improvement ♦ Genuine Agricultural Reform ♦ Feasible Policy Package ♦ Domestic Regulatory Policy ♦ Analytical Tool ♦ Domestic Agricultural Assistance ♦ Agricultural Market ♦ Next Wto Round ♦ Inefficient Re-instrumentation ♦ Potential Welfare Gain
Description The potential welfare gains from further liberalizing agricultural markets are huge, both absolutely and relative to gains from liberalizing textiles or other manufacturing. The probability of the next WTO round delivering sizeable farm protection cuts would be greater if better WTO rules regarding domestic regulatory policies were introduced, as they could reduce the risk of farm trade measures being replaced with domestic agricultural assistance that may be almost as trade-distorting. The challenge for analysts is to identify and assess feasible policy packages that facilitate genuine agricultural reform rather than encourage inefficient re-instrumentation. Such assessment will require significant improvements in both analytical tools and databases.
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article
Publisher Date 2001-01-01
Publisher Institution Review of International Economics 9(2):192--214