Poverty Impacts of the Volume-Based Special Safeguard Mechanism

The volume-based Special Safeguard Mechanism was proposed as essential for small, poor farmers and became the proximate cause of the collapse of the Doha Agenda negotiations in 2008. But is it helpful for these farmers, given that it is likely to b...

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Main Authors:	Ivanic, Maros, Martin, Will
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014
Subjects:	ABSOLUTE POVERTY ADVERSE EFFECT ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURAL YIELDS ARBITRAGE AVERAGE PRICE CHANGES IN POVERTY COMMODITY COMMODITY PRICE CONSUMER PRICE CONSUMER PRICES COST OF LIVING CROP YIELDS DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DOMESTIC PRICES DROUGHT ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES FARM HOUSEHOLDS FARM INCOMES FARM OUTPUT FOOD ITEMS FOOD PRICE FOOD PRICES FOOD SECURITY GLOBAL MARKET GLOBAL POVERTY HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT INCOME INCOME DISTRIBUTION INDUSTRIAL COUNTRIES INTERNATIONAL LAW LIVELIHOOD SECURITY LIVING STANDARDS MARKET PARTICIPANTS MARKET PRICES MARKETING MIDDLE-INCOME COUNTRIES NATIONAL POVERTY NATURAL RESOURCES OUTPUTS POOR POOR CONSUMERS POOR COUNTRIES POOR FARM HOUSEHOLDS POOR FARMERS POOR FARMING POOR PRODUCERS POVERTY ASSESSMENT POVERTY ESTIMATES POVERTY IMPACT POVERTY INCREASE POVERTY LINE POVERTY RATE POVERTY RATES POVERTY REDUCTION PRICE CHANGE PRICE CHANGES PRICE INCREASES PRICE VOLATILITY REDUCTION IN POVERTY RURAL RURAL AREAS RURAL DEVELOPMENT RURAL WELFARE SAFEGUARDS SALES SEASONAL CONDITIONS SMALL COUNTRIES SMALL FARMERS SOCIAL SAFETY NETS SUBSISTENCE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TRADE TAX TRANSPARENCY VOLATILITY WAGE RATES WELFARE LEVEL WORLD MARKET WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/2014/08/20127803/poverty-impacts-volume-based-special-safeguard-mechanism http://hdl.handle.net/10986/20360

id	okr-10986-20360
recordtype	oai_dc
spelling	okr-10986-203602021-04-23T14:03:55Z Poverty Impacts of the Volume-Based Special Safeguard Mechanism Ivanic, Maros Martin, Will ABSOLUTE POVERTY ADVERSE EFFECT ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURAL YIELDS ARBITRAGE AVERAGE PRICE CHANGES IN POVERTY COMMODITY COMMODITY PRICE CONSUMER PRICE CONSUMER PRICES COST OF LIVING CROP YIELDS DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DOMESTIC PRICES DROUGHT ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES FARM HOUSEHOLDS FARM INCOMES FARM OUTPUT FOOD ITEMS FOOD PRICE FOOD PRICES FOOD SECURITY GLOBAL MARKET GLOBAL POVERTY HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT INCOME INCOME DISTRIBUTION INDUSTRIAL COUNTRIES INTERNATIONAL LAW LIVELIHOOD SECURITY LIVING STANDARDS MARKET PARTICIPANTS MARKET PRICES MARKETING MIDDLE-INCOME COUNTRIES NATIONAL POVERTY NATURAL RESOURCES OUTPUTS POOR POOR CONSUMERS POOR COUNTRIES POOR FARM HOUSEHOLDS POOR FARMERS POOR FARMING POOR PRODUCERS POVERTY ASSESSMENT POVERTY ESTIMATES POVERTY IMPACT POVERTY INCREASE POVERTY LINE POVERTY RATE POVERTY RATES POVERTY REDUCTION PRICE CHANGE PRICE CHANGES PRICE INCREASES PRICE VOLATILITY REDUCTION IN POVERTY RURAL RURAL AREAS RURAL DEVELOPMENT RURAL WELFARE SAFEGUARDS SALES SEASONAL CONDITIONS SMALL COUNTRIES SMALL FARMERS SOCIAL SAFETY NETS SUBSISTENCE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TRADE TAX TRANSPARENCY VOLATILITY WAGE RATES WELFARE LEVEL WORLD MARKET WORLD TRADE The volume-based Special Safeguard Mechanism was proposed as essential for small, poor farmers and became the proximate cause of the collapse of the Doha Agenda negotiations in 2008. But is it helpful for these farmers, given that it is likely to be applied when farm output is depressed and many poor farmers in developing countries need to buy food? Stochastic simulations for 31 countries suggest that use of this safeguard in line with the proposed World Trade Organization rules would raise the world poverty headcount by an average of 24 million. The adverse poverty impact of the duty is larger when the quantity safeguard is triggered than it would be in other years, because lower farm output levels reduce or reverse the benefits to poor farm households from higher prices. 2014-10-06T19:43:10Z 2014-10-06T19:43:10Z 2014-08 http://documents.worldbank.org/curated/en/2014/08/20127803/poverty-impacts-volume-based-special-safeguard-mechanism http://hdl.handle.net/10986/20360 English en_US Policy Research Working Paper;No. 7006 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ABSOLUTE POVERTY ADVERSE EFFECT ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURAL YIELDS ARBITRAGE AVERAGE PRICE CHANGES IN POVERTY COMMODITY COMMODITY PRICE CONSUMER PRICE CONSUMER PRICES COST OF LIVING CROP YIELDS DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DOMESTIC PRICES DROUGHT ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES FARM HOUSEHOLDS FARM INCOMES FARM OUTPUT FOOD ITEMS FOOD PRICE FOOD PRICES FOOD SECURITY GLOBAL MARKET GLOBAL POVERTY HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT INCOME INCOME DISTRIBUTION INDUSTRIAL COUNTRIES INTERNATIONAL LAW LIVELIHOOD SECURITY LIVING STANDARDS MARKET PARTICIPANTS MARKET PRICES MARKETING MIDDLE-INCOME COUNTRIES NATIONAL POVERTY NATURAL RESOURCES OUTPUTS POOR POOR CONSUMERS POOR COUNTRIES POOR FARM HOUSEHOLDS POOR FARMERS POOR FARMING POOR PRODUCERS POVERTY ASSESSMENT POVERTY ESTIMATES POVERTY IMPACT POVERTY INCREASE POVERTY LINE POVERTY RATE POVERTY RATES POVERTY REDUCTION PRICE CHANGE PRICE CHANGES PRICE INCREASES PRICE VOLATILITY REDUCTION IN POVERTY RURAL RURAL AREAS RURAL DEVELOPMENT RURAL WELFARE SAFEGUARDS SALES SEASONAL CONDITIONS SMALL COUNTRIES SMALL FARMERS SOCIAL SAFETY NETS SUBSISTENCE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TRADE TAX TRANSPARENCY VOLATILITY WAGE RATES WELFARE LEVEL WORLD MARKET WORLD TRADE
spellingShingle	ABSOLUTE POVERTY ADVERSE EFFECT ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURAL YIELDS ARBITRAGE AVERAGE PRICE CHANGES IN POVERTY COMMODITY COMMODITY PRICE CONSUMER PRICE CONSUMER PRICES COST OF LIVING CROP YIELDS DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DOMESTIC PRICES DROUGHT ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES FARM HOUSEHOLDS FARM INCOMES FARM OUTPUT FOOD ITEMS FOOD PRICE FOOD PRICES FOOD SECURITY GLOBAL MARKET GLOBAL POVERTY HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT INCOME INCOME DISTRIBUTION INDUSTRIAL COUNTRIES INTERNATIONAL LAW LIVELIHOOD SECURITY LIVING STANDARDS MARKET PARTICIPANTS MARKET PRICES MARKETING MIDDLE-INCOME COUNTRIES NATIONAL POVERTY NATURAL RESOURCES OUTPUTS POOR POOR CONSUMERS POOR COUNTRIES POOR FARM HOUSEHOLDS POOR FARMERS POOR FARMING POOR PRODUCERS POVERTY ASSESSMENT POVERTY ESTIMATES POVERTY IMPACT POVERTY INCREASE POVERTY LINE POVERTY RATE POVERTY RATES POVERTY REDUCTION PRICE CHANGE PRICE CHANGES PRICE INCREASES PRICE VOLATILITY REDUCTION IN POVERTY RURAL RURAL AREAS RURAL DEVELOPMENT RURAL WELFARE SAFEGUARDS SALES SEASONAL CONDITIONS SMALL COUNTRIES SMALL FARMERS SOCIAL SAFETY NETS SUBSISTENCE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TRADE TAX TRANSPARENCY VOLATILITY WAGE RATES WELFARE LEVEL WORLD MARKET WORLD TRADE Ivanic, Maros Martin, Will Poverty Impacts of the Volume-Based Special Safeguard Mechanism
relation	Policy Research Working Paper;No. 7006
description	The volume-based Special Safeguard Mechanism was proposed as essential for small, poor farmers and became the proximate cause of the collapse of the Doha Agenda negotiations in 2008. But is it helpful for these farmers, given that it is likely to be applied when farm output is depressed and many poor farmers in developing countries need to buy food? Stochastic simulations for 31 countries suggest that use of this safeguard in line with the proposed World Trade Organization rules would raise the world poverty headcount by an average of 24 million. The adverse poverty impact of the duty is larger when the quantity safeguard is triggered than it would be in other years, because lower farm output levels reduce or reverse the benefits to poor farm households from higher prices.
format	Publications & Research :: Policy Research Working Paper
author	Ivanic, Maros Martin, Will
author_facet	Ivanic, Maros Martin, Will
author_sort	Ivanic, Maros
title	Poverty Impacts of the Volume-Based Special Safeguard Mechanism
title_short	Poverty Impacts of the Volume-Based Special Safeguard Mechanism
title_full	Poverty Impacts of the Volume-Based Special Safeguard Mechanism
title_fullStr	Poverty Impacts of the Volume-Based Special Safeguard Mechanism
title_full_unstemmed	Poverty Impacts of the Volume-Based Special Safeguard Mechanism
title_sort	poverty impacts of the volume-based special safeguard mechanism
publisher	World Bank Group, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2014/08/20127803/poverty-impacts-volume-based-special-safeguard-mechanism http://hdl.handle.net/10986/20360
_version_	1764445112282120192

Poverty Impacts of the Volume-Based Special Safeguard Mechanism

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