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This paper shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. Part of this is due to improvements in the basic data on production, consumption and trade associated with the...
Persistent link: https://www.econbiz.de/10009442475
The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, this paper first compares the OECD and...
Persistent link: https://www.econbiz.de/10009443500
Trade policy reforms in recent decades have sharply reduced the distortions that wereharming agriculture in developing countries, yet global trade in farm products continues to befar more distorted than trade in nonfarm goods. Those distortions reduce some forms ofpoverty and inequality but...
Persistent link: https://www.econbiz.de/10009445997
The Special Safeguard Mechanism (SSM) was a key issue in the July 2008 failure to reach agreement in the WTO negotiations under the Doha Development Agenda. It includes both price (P-SSM) and quantity-triggered measures (Q-SSM). This paper uses a stochastic simulation model of the world wheat...
Persistent link: https://www.econbiz.de/10009446073
Climate volatility affects agricultural variability, and extreme climate outcomes have the potential to detrimentally affect food supply and prices in a given country. International trade has the potential to reduce the impacts of climate-induced food production variability, although it may...
Persistent link: https://www.econbiz.de/10009446162
Given global heterogeneity in climate-induced agricultural variability, Tanzania has the potential to substantially increase its maize exports to other countries. If global maize production is lower than usual due to supply shocks in major exporting regions, Tanzania may be able to export more...
Persistent link: https://www.econbiz.de/10010319906
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