Agricultural policy reform under the Uruguay round: impact on Asian‐Pacific developing countries
Date
Authors
Anderson, Kym
Journal Title
Journal ISSN
Volume Title
Publisher
Taylor & Francis (Routledge)
Abstract
It has taken until the Uruguay Round for agriculture to be brought
under the discipline of the GATT rules-based trading system. This paper first
examines the extent to which the Round's Agreement on Agriculture provides
the necessary discipline on farm policies, what reform implementation
progress has been made to date, and what problems remain for the next
Round of negotiations. It notes that the new rules for agriculture are far from
ideal, and the extent of reform commitment is quite minor for the rest of this
decade, but at least a start has been made. An important conclusion for net
food-importing developing countries is that they need not fear a GATTinduced
increase in the price of their food imports; on the contrary, any food
price rise that might occur because of the Round's implementation will be so
small as to be indistinguishable amidst the many other economic forces at
work in international commodity and foreign exchange markets.
Description
Keywords
Uruguay Round, agricultural trade, Asia-Pacific region, farm policy reform
Citation
Collections
Source
Journal of the Asia Pacific Economy
Type
Journal article
Book Title
Entity type
Access Statement
Open Access