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World Agriculture Organization (WAO): New Global Governance for Agricultural Trade

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  • Moon, Wanki
  • Koo, Won W.
  • Kim, Chang-Gil

Abstract

It is increasingly questionable whether the WTO regime is the most appropriate form of governance for addressing global problems related to agriculture. In particular, climate change, sustainability, hunger/poverty in developing countries, and expected imbalance in food demand-supply by 2050 are emerging as grave challenges to humanity and the WTO is still struggling to resolve issues (related to the multifunctional roles of agriculture) of the 20th century while completely lacking the capacity to tackle such new global issues of the 21st century. Given this outmoded institution, the primary objective of this article is to propose that a new system of governance is needed so as to exclusively and effectively deal with problems arising from the interactions among climate change, agricultural sustainability, food security, and trade.

Suggested Citation

  • Moon, Wanki & Koo, Won W. & Kim, Chang-Gil, 2011. "World Agriculture Organization (WAO): New Global Governance for Agricultural Trade," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98886, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea11:98886
    DOI: 10.22004/ag.econ.98886
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    References listed on IDEAS

    as
    1. Wiebe, Keith D., 2003. "Linking Land Quality, Agricultural Productivity, And Food Security," Agricultural Economic Reports 34073, United States Department of Agriculture, Economic Research Service.
    2. Arild Vatn, 2002. "Multifunctional agriculture: some consequences for international trade regimes," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 29(3), pages 309-327, July.
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