Thennakoon J., Anderson K. (2015). Could the proposed WTO Special Safeguard Mechanism protect farmers from low international prices? Food policy, 01/01/2015, n. 50, p. 106-113.
https://doi.org/10.1016/j.foodpol.2014.10.014
https://doi.org/10.1016/j.foodpol.2014.10.014
Titre : | Could the proposed WTO Special Safeguard Mechanism protect farmers from low international prices? (2015) |
Auteurs : | J. Thennakoon ; K. Anderson |
Type de document : | Article |
Dans : | Food policy (n. 50, January 2015) |
Article en page(s) : | p. 106-113 |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Thésaurus IAMM OMC ; BARRIERE COMMERCIALE ; PRIX AGRICOLE ; VOLATILITE DES PRIX ; SECURITE ALIMENTAIRE ; RIZ ; MARCHE MONDIALCatégories principales 11 - COMMERCE ; 11.3 - Commerce Extérieur et International |
Résumé : | 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 paper then uses time series data to analyze past government responses to fluctuations in the worlds rice markets. The results suggest that the proposed SSM would deliver at most only a small fraction of the loss-averting benefits that have been advertised by the proponents of the SSM. Since the analysis applies to upward as well as downward spikes in international prices, it underscores the importance of strengthening multilateral disciplines on both import and export trade interventions to reduce beggar-thy-neighbor unilateral trade policy responses to food price fluctuations. |
Cote : | Réservé lecteur CIHEAM |
URL / DOI : | https://doi.org/10.1016/j.foodpol.2014.10.014 |