Agricultural Export Subsidies and Domestic Support Reform Under the WTO System: What Does It Mean for Welfare in West Africa?
AbstractThis article focuses on analyzing the potential welfare impacts the West African region will experience from reforming agricultural export subsidies and domestic support in developed and developing countries under the Doha Development Agenda. Results indicate that consumers of nearly all of the commodities analyzed will encounter welfare losses, while almost all producers of these commodities will experience welfare gains. However, the gains by producers are insufficient to compensate consumersÂ¡Â¯ losses, and so all fourteen West African nations analyzed will end up with net welfare losses from these reforms. This finding validates other research results indicating that net food importing countries will become losers of agricultural trade reform, while net food exporters will experience more welfare gains. The implications for the region will be more poverty and heightened food insecurity as three of the countries in the regionÂ¡ÂªNiger, Sierra Leone and Liberia were already listed in the 2008 Global Hunger Index report as nations hardest hit by hunger.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal The World Economy.
Volume (Year): 34 (2011)
Issue (Month): 12 (December)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0378-5920
Other versions of this item:
- J.Alexander Nuetah & Ting Zuo & Xian Xin, 2010. "Agricultural Export Subsidies and Domestic Support reform under the WTO System:What does it mean for Welfare in West Africa?," Working Papers, China Agricultural University, College of Economics and Management 1001, China Agricultural University, College of Economics and Management.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F15 - International Economics - - Trade - - - Economic Integration
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
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