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Could the proposed WTO Special Safeguard Mechanism protect farmers from low international prices?

Thennakoon, Jayanthi; Anderson, Kym

Description

This paper offers an empirical analysis of the proposal by some developing countries for an agricultural Special Safeguard Mechanism (SSM) in the World Trade Organization. It draws on political economy and market theory to demonstrate that the loss-averting domestic producer benefits that proponents believe the SSM would offer agricultural-importing developing countries may be illusory, insofar as agricultural-exporting countries also seek to avert producer losses. By way of illustration, the...[Show more]

CollectionsANU Research Publications
Type: Journal article
URI: http://hdl.handle.net/1885/75912
Source: Food Policy
DOI: 10.1016/j.foodpol.2014.10.014

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