Special Safeguard Mechanism for Agriculture : Implications for Developing Members at the WTO
With rising levels of food and livelihood insecurity among poor farmers, many developing members at the WTO are demanding special safeguard mechanism (SSM) for shielding their agriculture from import surges and price declines. Most of developing members do not have any trade instrument under the WTO to address it except by increasing the applied tariff to bound level. Similar to special agricultural safeguards (SSGs) which is available only to few members, SSM seeks to provide flexibility to developing members to breach the bound tariff in special cases of import surges and price dips in order to minimize its adverse impact. In this context, this study identifies the agricultural products facing import surges in selected developing members namely Ghana, India, Indonesia, Namibia, Philippines, Senegal, Sri Lanka, and Turkey. The uniqueness of this study is derived from the fact that it also evaluates the policy space available to selected members on these tariff lines in terms of tariff overhang under their existing schedules as well as proposed tariff reductions under agriculture negotiations. Beside this, it critically scrutinizes various issues such as cross-check conditions, triggers and remedies in order to highlight the sensitivities of developing members in accessibility, effectiveness, and other technical aspects of this mechanism. The study identifies some of the provisions contained in the most recent version of the negotiating texts which could render the SSM an ineffective policy instrument and difficult to operationalise
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 15, 2020 erstellt
Other identifiers:
10.2139/ssrn.3683800 [DOI]
Classification:
F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; F14 - Country and Industry Studies of Trade ; F17 - Trade Forecasting and Simulation ; Q17 - Agriculture in International Trade