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On food security stocks, peace clauses, and permanent solutions after Bali:

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  • Díaz-Bonilla, Eugenio

Abstract

This paper discusses potential solutions to the current impasse related to food security stocks, including a concrete proposal by the author on language to be included in the Agreement on Agriculture that may help comply with the mandate of the Bali Ministerial to find a solution in the next four years. The paper begins with an explanation of the background to the debate of the links between food security and WTO agricultural and trade negotiations and the interim solution (the peace clause) agreed upon at Bali. Then it discusses some economic issues that frame the discussion about food security stocks, noting the new context of higher (in nominal terms) and perhaps more volatile food prices, in part associated with expanding links among energy markets and food production, supply and prices, and greater weather variability associated with climate change. The paper analyzes potential approaches to solving the problems related to the use of public stocks for food security reasons and suggests specific language that may solve the current debate. The paper also notes the more complex political economy of the future negotiations, which, among other things, will require greater flexibility among WTO Member s and deeper awareness of the evolving negotiating landscape.

Suggested Citation

  • Díaz-Bonilla, Eugenio, 2014. "On food security stocks, peace clauses, and permanent solutions after Bali:," IFPRI discussion papers 1388, International Food Policy Research Institute (IFPRI).
  • Handle: RePEc:fpr:ifprid:1388
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    References listed on IDEAS

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    Cited by:

    1. Akpalu Wisdom & Christian Aaron K. & Codjoe Samuel Nii Ardey, 2015. "Does Food Insecurity Impact Subjective Evaluation of Well-being? Evidence From a Developing Country," WIDER Working Paper Series 030, World Institute for Development Economic Research (UNU-WIDER).
    2. Timothy E. Josling & Stefan Tangermann, 2015. "Transatlantic Food and Agricultural Trade Policy," Books, Edward Elgar Publishing, number 15889.
    3. Franck Galtier, 2015. "Identifying, estimating and correcting the biases in WTO rules on public stocks: a proposal for the post-Bali food security agenda," Working Papers hal-01295403, HAL.
    4. Galtier, F., 2015. "Identifying, estimating and correcting the biases in WTO rules on public stocks. A proposal for the post-Bali food security agenda," Working Papers MOISA 201505, UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro - Montpellier, France.

    More about this item

    Keywords

    food security; trade; Trade negotiations; Developing countries; Food supply; Food reserves; World Trade Organization; Food aid; public food stocks;

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