Description
Agricultural market liberalization is essential in achieving a successful Doha Round agreement because these are the most protected markets remaining in most rich countries. But the implications for developing countries, especially the poorest, are more complex than the current debate suggests. This volume examines the structure of agricultural support in rich countries and explores the challenges as well as opportunities that developing countries might face if the Doha Round succeeds in reforming OECD agriculture policies.
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Elliot (of both the Institute for International Economics and the Center for Global Development) seeks to answer three questions about the agricultural liberalization agenda begun at the Doha Development Round of the World Trade Organization: what are the obstacles to a successful agreement, what are the likely distributional consequences of such an agreement, and what would a good agreement look like from the perspective of developing countries? In attempting to answer these questions, she explores the mechanisms used by rich countries to protect their agricultural products and their resistance to reform, the implications of current trade patterns involving developing countries for potential distributional effects, and presents her own recommendations on the elements of a potential agreement. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
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