An Analysis of the Special Safeguard Mechanisms in the Doha Round of Negotiations - A Proposed Price-trigger-based Safeguard Mechanism
In the Doha Round of negotiations on agriculture it has been decided that all developing and least developed Member countries of the WTO will have access to a Special Safeguard Mechanism (SSM). This means that developing countries will now have the option to temporarily impose higher tariff rates on the import of an agricultural product if there is either a surge in its import volumes or a sharp dip in its import prices. However, the exact mechanisms of the implementation of SSMs have not been spelt out. It is also not clear what legal provisions the Member countries will have to follow to use this safeguard mechanism. This paper takes a detailed look at the SSM and analyzes its usefulness for developing countries. It also explores how the concept of a special agricultural safeguard has evolved in the present round of negotiations and what are the country positions on SSMs in the Doha Round. The paper then proposes a price-trigger-based SSM instrument which is consistent with the goals spelt out in the Doha Development Agenda and satisfies most of the desired features of a safeguard instrument.
|Date of creation:||Jan 2006|
|Contact details of provider:|| Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200|
Web page: http://www.eaber.org
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- C S C Sekhar, 2007. "Volatality of Agricultural Prices â€“ An Analysis of Major International and Domestic Markets," Working Papers id:1188, eSocialSciences.
When requesting a correction, please mention this item's handle: RePEc:eab:tradew:22235. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong)
If references are entirely missing, you can add them using this form.