Agriculture, Trade, and the WTO : Creating a Trading Environment for Development

Developing countries have an enormous stake in the new round of World Trade Organization (WTO) negotiations, taking place now, and scheduled to be completed by January 1, 2005. Their full participation in the global trading system could lift and ad...

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Bibliographic Details
Main Author:	Ingco, Merlinda D.
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	AGREEMENT ON TRADE AGRICULTURAL MARKETS AGRICULTURAL NEGOTIATIONS AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURAL SUPPORT AGRICULTURAL TRADE AGRICULTURAL TRADE LIBERALIZATION AGRICULTURE ANTIDUMPING ANTIDUMPING RULES BORDER PROTECTION COMPARATIVE ADVANTAGE COMPETITION POLICY CONCEPTUAL FRAMEWORK CONCESSIONS CONSTANT ELASTICITY OF SUBSTITUTION CONSTANT RETURNS TO SCALE CONSUMER PREFERENCES CONSUMER PURCHASING CONSUMERS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ASSISTANCE DEVELOPMENT GOALS ECONOMIC RESEARCH ELASTICITY ELASTICITY OF SUBSTITUTION EMPLOYMENT ENVIRONMENTAL POLICIES EQUILIBRIUM EXPORT PERFORMANCE EXPORT SUBSIDIES EXPORTERS EXPORTS FINANCIAL CRISIS FISHERIES FOOD POLICY RESEARCH FOOD PRODUCTION FOOD SECURITY FOREIGN EXCHANGE FOREIGN MARKETS FREE TRADE FREE TRADE AREA GDP GENERALIZED SYSTEM OF PREFERENCES GLOBAL EXPORTS GLOBAL MARKETS GLOBAL TRADE GLOBAL TRADE ANALYSIS GROSS DOMESTIC PRODUCT HIGH TARIFFS HOUSEHOLDS IMPORT BARRIERS IMPORT PENETRATION IMPORT PROTECTION IMPORTS INCOME INCOME COUNTRIES INCREASED EXPORTS INDUSTRIAL PRODUCTS INTERNATIONAL LABOUR LABOR FORCE MARKET ACCESS MARKET INTEGRATION MARKET PRICES MULTILATERAL NEGOTIATIONS MULTILATERAL TRADE MULTILATERAL TRADE NEGOTIATIONS MULTINATIONAL CORPORATIONS NET EXPORTERS POLICY MEASURES POLITICAL CONTEXT POLITICAL ECONOMY POOR POOR COUNTRIES POVERTY REDUCTION PREFERENTIAL TARIFF PROCESS OF LIBERALIZATION PRODUCERS PRODUCTIVITY PROTECTIONISM PURCHASING POWER QUOTAS REDUCING POVERTY RELATIVE IMPORTANCE RESEARCH INSTITUTE RURAL AREAS RURAL ECONOMY RURAL POVERTY STRUCTURAL CHANGE TARIFF REDUCTION TRADE AGREEMENT TRADE AGREEMENTS TRADE BARRIERS TRADE ISSUES TRADE LIBERALIZATION TRADE MORE TRADE NEGOTIATIONS TRADE PATTERNS TRADE PERFORMANCE TRADE POLICY TRADE REFORM TRADE REFORMS TRADE ROUNDS UNILATERAL TRADE URUGUAY ROUND WELFARE GAINS WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO INTERNATIONAL TRADE ROUNDTABLE ON INTERNATIONAL TRADE & FINANCE TRADING ARRANGEMENTS DEVELOPMENT COOPERATION MANUFACTURED EXPORTS EXPORT DEVELOPMENT COMPETITIVENESS SUBSIDIZATION INDUSTRIALIZED SOCIETIES GLOBALIZATION
Online Access:	http://documents.worldbank.org/curated/en/2002/10/2091865/agriculture-trade-wto-creating-trading-environment-development http://hdl.handle.net/10986/15208

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Summary:	Developing countries have an enormous stake in the new round of World Trade Organization (WTO) negotiations, taking place now, and scheduled to be completed by January 1, 2005. Their full participation in the global trading system could lift and additional 300 million people our of poverty by 2015. Since 1970, these countries have increased their share in all trade, from one-quarter to one-third. Most of these gains, however, have come from increased exports of manufactured goods, which primarily benefit the middle-income developing countries. Agricultural products, historically the more important exports for poor countries, have lagged far behind. The main reason for this is the protection - in the form of subsidies and other support, running at roughly U$S 1 billion per day - afforded agriculture in industrial countries. This is more than six times all development assistance. This report contains results of region-specific studies that will prove a vital resource for policymakers, analysts, and others working in the development field. It provides answers to questions such as, What lessons were learned from the Uruguay Round? What is the relationship between trade liberalization, and rural poverty? And, What is the role of the international development community in fostering a trading system that will result in development? The authors argue that only by reshaping the world's trading system, and reducing the barriers to trade, can truly global expansion take place.

Agriculture, Trade, and the WTO : Creating a Trading Environment for Development

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