Protectionism in agriculture: Slow progress towards freer trade in agricultural products
Protectionism is widespread in agricultural trade. As a consequence, world markets are distorted and unstable. Earlier attempts to negotiate commodity agreements have failed to address the root problem: the domestic farm policies in industrial and middle-income countries. Constraints on these policies are now openly being discussed in the GATT Uruguay Round. Regional trade blocs are also coming to terms with the problems of agricultural trade. And a number of countries are unilaterally liberalizing agricultural trade as a part of their economic reform program. Despite this activity, high protection levels are still evident in the middle-income developed countries. Copyright Kluwer Academic Publishers 1993
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Volume (Year): 4 (1993)
Issue (Month): 2 (June)
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