Agricultural Protectionism: Debt Problems and the Doha Round
Through financial channels, agricultural protectionism imposes costs on efficient producers that are higher than those associated with negative allocative effects and export losses usually estimated. The link between protectionism and finance has a direct relationship with the WTO Marrakech Agreement of establishing coherence between international trade and financial matters. Here, I call attention to the fact that for efficient agricultural exporters there is little if any coherence between the trading system and the international financial system that they face. I also present some numbers on the export losses from agricultural protectionism; describe the channels through which this protectionism increases financial costs; and analyze dynamic and poverty effects.
|Date of creation:||08 Feb 2005|
|Note:||Type of Document - doc; pages: 8. Development Outreach, (World Bank), August 2003.|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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- Porto, Guido G., 2003. "Trade reforms, market access, and poverty in Argentina," Policy Research Working Paper Series 3135, The World Bank.
- Gardner, Bruce L., 2002. "North American Agricultural Policies And Effects On Western Hemisphere Markets Since 1995, With A Focus On Grains And Oilseeds," Working Papers 28602, University of Maryland, Department of Agricultural and Resource Economics.
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