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Another Look at the WTO Negotiations on Agriculture

Author

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  • Vanzetti, David
  • Peters, Ralf

Abstract

The WTO negotiations on the reform of agricultural tariffs, export subsidies and domestic support is proving to be increasingly frustrating with little progress since prior to the Cancun Ministerial of August 2003, apart from an agreement to keep talking. In this paper a possible outcome in the agricultural negotiations is analysed and the various impacts on exporters, importers and taxpayers assessed. The results indicate that holding out for exemptions leads to a loss in welfare for developing countries but export growth is maintained. Whether this is an attractive outcome depends on priorities. One inherent drawback is that the majority of WTO members will experience a welfare loss from any likely negotiated agricultural reform.

Suggested Citation

  • Vanzetti, David & Peters, Ralf, 2006. "Another Look at the WTO Negotiations on Agriculture," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139917, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare06:139917
    DOI: 10.22004/ag.econ.139917
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    References listed on IDEAS

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    1. World Bank, 2001. "Global Economic Prospects and the Developing Countries 2001," World Bank Publications - Books, The World Bank Group, number 14779, April.
    2. M. Ataman Aksoy & John C. Beghin, 2005. "Global Agricultural Trade and Developing Countries," World Bank Publications - Books, The World Bank Group, number 7464, April.
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