A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform

The record of traditional safeguard provisions of the General Agreement on Tariffs and Trade and the World Trade Organization provides useful information about how a special agricultural safeguard might be made effective. The success of existing sa...

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Bibliographic Details
Main Author: Finger, J. Michael
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
VER
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090707095400
http://hdl.handle.net/10986/4181
id okr-10986-4181
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO FOREIGN MARKETS
ACCOUNTING
AD VALOREM
AGREEMENT ON AGRICULTURE
AGREEMENT ON SAFEGUARDS
AGRICULTURAL NEGOTIATIONS
AGRICULTURAL POLICIES
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL SUPPORT
AGRICULTURAL TRADE
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING DUTIES
ANTIDUMPING DUTY
ANTIDUMPING MEASURES
ANTIDUMPING POLICY
ANTIDUMPING RULES
APPAREL
APPLIED TARIFF
BALANCE OF PAYMENTS
BALANCE OF PAYMENTS PROVISIONS
BILATERAL NEGOTIATIONS
BUFFER STOCKS
CAPITAL GOODS
COMMERCE
COMMODITY AGREEMENTS
COMPARATIVE ADVANTAGE
COMPETITIVE DISCIPLINE
COMPETITIVE MARKETS
COMPETITIVE PRICE
COMPETITIVENESS
CONCESSIONS
CONFLICT OF INTEREST
CONTRACTING PARTIES
COUNTRY MARKETS
COUNTRY OF ORIGIN
CUSTOMS
DETERMINATION OF INJURY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DISPUTE SETTLEMENT
DISPUTE SETTLEMENT PROCESS
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRODUCERS
DOMESTIC PRODUCTION
DUMPING
ECONOMIC DEVELOPMENT
ESCAPE CLAUSE
EUROPEAN UNION
EXCHANGE RATE
EXCHANGE RATES
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORT RECEIPTS
EXPORT RESTRAINTS
EXPORT VOLUME
EXPORT VOLUMES
EXPORTER
EXPORTERS
EXPORTING COUNTRIES
EXPORTS
FARMING HOUSEHOLDS
FOREIGN COMPETITION
FOREIGN COSTS
FOREIGN MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FUNGIBLE
GENERAL AGREEMENT ON TARIFFS
GLOBAL ECONOMY
IMPORT DUTY
IMPORT POLICIES
IMPORT PRICE
IMPORT PROHIBITIONS
IMPORT RESTRICTION
IMPORT RESTRICTIONS
IMPORT VOLUME
IMPORTED PRODUCTS
IMPORTING COUNTRIES
IMPORTING COUNTRY
IMPORTS
INDUSTRIALIZATION
INFANT INDUSTRIES
INFANT INDUSTRY
INJURIOUS DUMPING
INSTRUMENT
INTERNATIONAL AGREEMENT
INTERNATIONAL BANK
INTERNATIONAL COMMUNITY
INTERNATIONAL COMPETITION
INTERNATIONAL ECONOMICS
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INTERNATIONAL TRADE AGREEMENTS
INVOICE PRICE
LEGAL OBLIGATION
MARKET ACCESS
MARKET ACCESS NEGOTIATIONS
MARKET PRICE
MARKETING
MERCHANDISE
NATIONAL AUTHORITIES
NATIONAL SECURITY
OPENNESS
POLICY RESEARCH
POLICY RESPONSE
PREFERENTIAL TRADE
PRICE OF IMPORTS
QUANTITATIVE RESTRICTIONS
REAL INCOME
RECIPROCITY
RENEGOTIATION
RENEGOTIATIONS
REPAYMENTS
RESERVE
RESERVES
ROUND AGREEMENTS
SAFEGUARD CLAUSE
SAFEGUARD MEASURES
SPECIAL SAFEGUARD
SPECIAL TREATMENT
SPREAD
STATE TRADING
STATE TRADING ENTERPRISES
SUPPLIER
SUPPLIERS
TARIFF BINDINGS
TARIFF LINE
TARIFF LINES
TARIFF NEGOTIATIONS
TARIFF POLICY
TARIFF RATE
TARIFF RATES
TARIFF REDUCTION
TARIFF REDUCTIONS
TARIFF SCHEDULES
TARIFF-RATE QUOTA
TRADE AGREEMENT
TRADE BARRIERS
TRADE DATA
TRADE LIBERALIZATION
TRADE NEGOTIATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE POLICY REVIEW
TRADE REFORM
TRADE REMEDIES
TRADE RESTRICTIONS
TRADING SYSTEM
TRANSITION ECONOMIES
UNFAIR COMPETITION
VALUE OF IMPORTS
VER
VOLATILITY
VOLUNTARY EXPORT RESTRAINT
WELFARE LOSS
WORLD MARKETS
WORLD TRADE
WORLD TRADE ORGANIZATION
spellingShingle ACCESS TO FOREIGN MARKETS
ACCOUNTING
AD VALOREM
AGREEMENT ON AGRICULTURE
AGREEMENT ON SAFEGUARDS
AGRICULTURAL NEGOTIATIONS
AGRICULTURAL POLICIES
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL SUPPORT
AGRICULTURAL TRADE
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING DUTIES
ANTIDUMPING DUTY
ANTIDUMPING MEASURES
ANTIDUMPING POLICY
ANTIDUMPING RULES
APPAREL
APPLIED TARIFF
BALANCE OF PAYMENTS
BALANCE OF PAYMENTS PROVISIONS
BILATERAL NEGOTIATIONS
BUFFER STOCKS
CAPITAL GOODS
COMMERCE
COMMODITY AGREEMENTS
COMPARATIVE ADVANTAGE
COMPETITIVE DISCIPLINE
COMPETITIVE MARKETS
COMPETITIVE PRICE
COMPETITIVENESS
CONCESSIONS
CONFLICT OF INTEREST
CONTRACTING PARTIES
COUNTRY MARKETS
COUNTRY OF ORIGIN
CUSTOMS
DETERMINATION OF INJURY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DISPUTE SETTLEMENT
DISPUTE SETTLEMENT PROCESS
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRODUCERS
DOMESTIC PRODUCTION
DUMPING
ECONOMIC DEVELOPMENT
ESCAPE CLAUSE
EUROPEAN UNION
EXCHANGE RATE
EXCHANGE RATES
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORT RECEIPTS
EXPORT RESTRAINTS
EXPORT VOLUME
EXPORT VOLUMES
EXPORTER
EXPORTERS
EXPORTING COUNTRIES
EXPORTS
FARMING HOUSEHOLDS
FOREIGN COMPETITION
FOREIGN COSTS
FOREIGN MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FUNGIBLE
GENERAL AGREEMENT ON TARIFFS
GLOBAL ECONOMY
IMPORT DUTY
IMPORT POLICIES
IMPORT PRICE
IMPORT PROHIBITIONS
IMPORT RESTRICTION
IMPORT RESTRICTIONS
IMPORT VOLUME
IMPORTED PRODUCTS
IMPORTING COUNTRIES
IMPORTING COUNTRY
IMPORTS
INDUSTRIALIZATION
INFANT INDUSTRIES
INFANT INDUSTRY
INJURIOUS DUMPING
INSTRUMENT
INTERNATIONAL AGREEMENT
INTERNATIONAL BANK
INTERNATIONAL COMMUNITY
INTERNATIONAL COMPETITION
INTERNATIONAL ECONOMICS
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INTERNATIONAL TRADE AGREEMENTS
INVOICE PRICE
LEGAL OBLIGATION
MARKET ACCESS
MARKET ACCESS NEGOTIATIONS
MARKET PRICE
MARKETING
MERCHANDISE
NATIONAL AUTHORITIES
NATIONAL SECURITY
OPENNESS
POLICY RESEARCH
POLICY RESPONSE
PREFERENTIAL TRADE
PRICE OF IMPORTS
QUANTITATIVE RESTRICTIONS
REAL INCOME
RECIPROCITY
RENEGOTIATION
RENEGOTIATIONS
REPAYMENTS
RESERVE
RESERVES
ROUND AGREEMENTS
SAFEGUARD CLAUSE
SAFEGUARD MEASURES
SPECIAL SAFEGUARD
SPECIAL TREATMENT
SPREAD
STATE TRADING
STATE TRADING ENTERPRISES
SUPPLIER
SUPPLIERS
TARIFF BINDINGS
TARIFF LINE
TARIFF LINES
TARIFF NEGOTIATIONS
TARIFF POLICY
TARIFF RATE
TARIFF RATES
TARIFF REDUCTION
TARIFF REDUCTIONS
TARIFF SCHEDULES
TARIFF-RATE QUOTA
TRADE AGREEMENT
TRADE BARRIERS
TRADE DATA
TRADE LIBERALIZATION
TRADE NEGOTIATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE POLICY REVIEW
TRADE REFORM
TRADE REMEDIES
TRADE RESTRICTIONS
TRADING SYSTEM
TRANSITION ECONOMIES
UNFAIR COMPETITION
VALUE OF IMPORTS
VER
VOLATILITY
VOLUNTARY EXPORT RESTRAINT
WELFARE LOSS
WORLD MARKETS
WORLD TRADE
WORLD TRADE ORGANIZATION
Finger, J. Michael
A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 4927
description The record of traditional safeguard provisions of the General Agreement on Tariffs and Trade and the World Trade Organization provides useful information about how a special agricultural safeguard might be made effective. The success of existing safeguard or flexibility provisions to sustain long-run liberalization programs stems from their requiring objective, transparent, and participatory decisions on the application of the import restrictions they allow. The proposed special agricultural safeguard expands by arithmetic formula the bounds within which a Member may impose a new import restriction. Analysis reported here suggests that the formulas provide a poor guide for policy, indicating that they would frequently prescribe action that is not needed and fail to prescribe action when it would be appropriate. Analysis of the existing agricultural safeguard, to which the special agricultural safeguard is similar, indicates that it has functioned not as an allowance for occasional response to unusual situations but as an expansion of the limits Members have accepted through tariff bindings. To be useful, the special agricultural safeguard should do more than provide formulas for import restrictions. It should provide for objective and participatory processes that would bring forward relevant information and guide an objective and balanced accounting of the interests at play.
format Publications & Research :: Policy Research Working Paper
author Finger, J. Michael
author_facet Finger, J. Michael
author_sort Finger, J. Michael
title A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform
title_short A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform
title_full A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform
title_fullStr A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform
title_full_unstemmed A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform
title_sort special safeguard mechanism for agricultural imports and the management of reform
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090707095400
http://hdl.handle.net/10986/4181
_version_ 1764390292543242240
spelling okr-10986-41812021-04-23T14:02:16Z A Special Safeguard Mechanism for Agricultural Imports and the Management of Reform Finger, J. Michael ACCESS TO FOREIGN MARKETS ACCOUNTING AD VALOREM AGREEMENT ON AGRICULTURE AGREEMENT ON SAFEGUARDS AGRICULTURAL NEGOTIATIONS AGRICULTURAL POLICIES AGRICULTURAL PRICES AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURAL SUPPORT AGRICULTURAL TRADE ANTIDUMPING ANTIDUMPING ACTIONS ANTIDUMPING DUTIES ANTIDUMPING DUTY ANTIDUMPING MEASURES ANTIDUMPING POLICY ANTIDUMPING RULES APPAREL APPLIED TARIFF BALANCE OF PAYMENTS BALANCE OF PAYMENTS PROVISIONS BILATERAL NEGOTIATIONS BUFFER STOCKS CAPITAL GOODS COMMERCE COMMODITY AGREEMENTS COMPARATIVE ADVANTAGE COMPETITIVE DISCIPLINE COMPETITIVE MARKETS COMPETITIVE PRICE COMPETITIVENESS CONCESSIONS CONFLICT OF INTEREST CONTRACTING PARTIES COUNTRY MARKETS COUNTRY OF ORIGIN CUSTOMS DETERMINATION OF INJURY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DISPUTE SETTLEMENT DISPUTE SETTLEMENT PROCESS DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRODUCERS DOMESTIC PRODUCTION DUMPING ECONOMIC DEVELOPMENT ESCAPE CLAUSE EUROPEAN UNION EXCHANGE RATE EXCHANGE RATES EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT RECEIPTS EXPORT RESTRAINTS EXPORT VOLUME EXPORT VOLUMES EXPORTER EXPORTERS EXPORTING COUNTRIES EXPORTS FARMING HOUSEHOLDS FOREIGN COMPETITION FOREIGN COSTS FOREIGN MARKETS FREE TRADE FREE TRADE AGREEMENT FUNGIBLE GENERAL AGREEMENT ON TARIFFS GLOBAL ECONOMY IMPORT DUTY IMPORT POLICIES IMPORT PRICE IMPORT PROHIBITIONS IMPORT RESTRICTION IMPORT RESTRICTIONS IMPORT VOLUME IMPORTED PRODUCTS IMPORTING COUNTRIES IMPORTING COUNTRY IMPORTS INDUSTRIALIZATION INFANT INDUSTRIES INFANT INDUSTRY INJURIOUS DUMPING INSTRUMENT INTERNATIONAL AGREEMENT INTERNATIONAL BANK INTERNATIONAL COMMUNITY INTERNATIONAL COMPETITION INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL TRADE INTERNATIONAL TRADE AGREEMENTS INVOICE PRICE LEGAL OBLIGATION MARKET ACCESS MARKET ACCESS NEGOTIATIONS MARKET PRICE MARKETING MERCHANDISE NATIONAL AUTHORITIES NATIONAL SECURITY OPENNESS POLICY RESEARCH POLICY RESPONSE PREFERENTIAL TRADE PRICE OF IMPORTS QUANTITATIVE RESTRICTIONS REAL INCOME RECIPROCITY RENEGOTIATION RENEGOTIATIONS REPAYMENTS RESERVE RESERVES ROUND AGREEMENTS SAFEGUARD CLAUSE SAFEGUARD MEASURES SPECIAL SAFEGUARD SPECIAL TREATMENT SPREAD STATE TRADING STATE TRADING ENTERPRISES SUPPLIER SUPPLIERS TARIFF BINDINGS TARIFF LINE TARIFF LINES TARIFF NEGOTIATIONS TARIFF POLICY TARIFF RATE TARIFF RATES TARIFF REDUCTION TARIFF REDUCTIONS TARIFF SCHEDULES TARIFF-RATE QUOTA TRADE AGREEMENT TRADE BARRIERS TRADE DATA TRADE LIBERALIZATION TRADE NEGOTIATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE POLICY REVIEW TRADE REFORM TRADE REMEDIES TRADE RESTRICTIONS TRADING SYSTEM TRANSITION ECONOMIES UNFAIR COMPETITION VALUE OF IMPORTS VER VOLATILITY VOLUNTARY EXPORT RESTRAINT WELFARE LOSS WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION The record of traditional safeguard provisions of the General Agreement on Tariffs and Trade and the World Trade Organization provides useful information about how a special agricultural safeguard might be made effective. The success of existing safeguard or flexibility provisions to sustain long-run liberalization programs stems from their requiring objective, transparent, and participatory decisions on the application of the import restrictions they allow. The proposed special agricultural safeguard expands by arithmetic formula the bounds within which a Member may impose a new import restriction. Analysis reported here suggests that the formulas provide a poor guide for policy, indicating that they would frequently prescribe action that is not needed and fail to prescribe action when it would be appropriate. Analysis of the existing agricultural safeguard, to which the special agricultural safeguard is similar, indicates that it has functioned not as an allowance for occasional response to unusual situations but as an expansion of the limits Members have accepted through tariff bindings. To be useful, the special agricultural safeguard should do more than provide formulas for import restrictions. It should provide for objective and participatory processes that would bring forward relevant information and guide an objective and balanced accounting of the interests at play. 2012-03-19T19:11:24Z 2012-03-19T19:11:24Z 2009-05-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090707095400 http://hdl.handle.net/10986/4181 English Policy Research working paper ; no. WPS 4927 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region