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Shifting Sands

Searching for a Compromise in the WTO Negotiations on Agriculture

  • Author: UNCTAD
  • Publication date: October 2004
  • Page count: 54
  • Language(s) in this book: English
  • Sales number: 04.II.D.4

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$7.50
ISBN: 9789211556285

About the product

The WTO negotiations on agriculture remain deadlocked after four years of discussion, and efforts to find a solution at Cancún failed. Analysis of the various proposals using the UNCTAD/FAO Agricultural Trade Policy Simulation Model (ATPSM) shows that most of the benefits from liberalization accrue to developed countries. The group of developing countries, which include both exporters and importers of agricultural products, gain from liberalization, but those gains are small and unevenly distributed. A possible solution to the impasse lies in switching support in developed countries from border measures to less-trade-distorting measures such as direct income support.