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Eight multilateral rounds of negotiations under the General Agreement on Tariffs and Trade (GATT) and international agreements under the World Trade Organisation (WTO) have contributed significantly to the reduction of tariffs among WTO members. However, the imposition and use of non-tariff...
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This brief highlights the importance of the agribusiness sector as a pillar for development. It provides a framework to measure internationally traded agribusiness and discusses some patterns of world agribusiness trade in recent decades. The share of traded agribusiness goods in world trade has...
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World trade in food has expanded significantly over the years and traditional tariff barriers have reduced with increasing commitments under the WTO. The industrialised countries potentially offer higher returns to food exporters from developing countries, but also pose a greater challenge in...
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This paper critiques the methods used to investigate integration and efficiency in international markets. Integration is best reflected by quantity-based indicators of tradability, while efficiency is related to price-based notions of market equilibrium. Data insufficiency poses a serious...
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The Sanitary and Phytosanitary (SPS) Agreement has brought concern to its distortion of trade. The value of trade distortion since the implementation of SPS measures, are of increasing interest, these are evaluated by taking a qualified trade volume in proviso of estimating the terms of trade...
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