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WTO negotiations and agricultural trade liberalization: the effect of developed countries' policies on developing countries.

Book cover for WTO negotiations and agricultural trade liberalization: the effect of developed countries' policies on developing countries.

Description

This book arises from a joint research project between the Food and Resource Economics Institute in Denmark and the Food Policy Research Institute in Washington. It analyses the effects of developed countries' agricultural policies on developing countries. The main focus is on food security, poverty and other topics such as multifunctionality, biotechnology and regional agreements, as an input to ...

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Chapter 12 (Page no: 282)

Is the Everything But Arms initiative the way to go for least developed countries in the WTO negotiations?

Following a detailed description of the 'Everything But Arms' (EBA) initiative in the EU's preferential trading framework, this chapter presents an economic assessment of the likely impact of EBA on the least developed countries (LDCs). It finds that EBA affects only a limited number of products, mainly food and agricultural goods (including sensitive products such as sugar, rice and bananas), due to the fact that preferences on other products have already been granted to the LDCs prior to the EBA. In addition, current exports of the EBA products from the LDCs to the EU are small. Therefore, there are only limited positive effects for EBA products in the concerned LDCs: total welfare gains are calculated at less than US$300 million for all the LDCs concerned in the study. Furthermore, most of the gains come from the three sensitive products that are subject to gradual liberalization over time, especially sugar. On the other hand, the negative impact on the EU and developing countries seems to be quite small, indicating that granting quota and duty-free access to the LDCs does not cost the EU very much and does not pose a big threat to exports from developing countries.

Other chapters from this book

Chapter: 1 (Page no: 34) Review of the EU Common Agricultural Policy. Author(s): Frandsen, S. E. Walter-Jørgensen, A.
Chapter: 2 (Page no: 57) The Common Agricultural Policy in an enlarged Europe: bright or bleak prospects for Africa? Author(s): Gersfelt, B. Jensen, H. G.
Chapter: 3 (Page no: 80) US agricultural policy: the 2002 farm bill and WTO Doha round proposals. Author(s): Orden, D.
Chapter: 4 (Page no: 103) The effects of domestic agricultural reforms and market access on trade and production in less developed countries. Author(s): Robinson, S. Thierfelder, K.
Chapter: 5 (Page no: 122) Potential coalitions and convergence in the Doha round. Author(s): Lind, K. M. Bjørnskov, C.
Chapter: 6 (Page no: 142) Assessing the Harbinson draft on modalities in the WTO agriculture negotiations. Author(s): Frandsen, S. E. Jensen, H. G. Lind, K. M. Melgaard, P. P. Yu WuSheng
Chapter: 7 (Page no: 162) Food security and the World Trade Organization: a typology of countries. Author(s): Diaz-Bonilla, E. Thomas, M. Robinson, S. Cattaneo, A.
Chapter: 8 (Page no: 184) A proposal for combating acute food shortages based on sub-Saharan African needs. Author(s): Lind, K. M.
Chapter: 9 (Page no: 207) Thinking inside the boxes: protection in the development and food security boxes versus investments in the green box. Author(s): Diaz-Bonilla, E. Diao, X. S. Robinson, S.
Chapter: 10 (Page no: 235) That was then but this is now: multifunctionality in industry and agriculture. Author(s): Diaz-Bonilla, E. Tin, J.
Chapter: 11 (Page no: 261) Trade in genetically modified food: promises and pitfalls for the poor. Author(s): Nielsen, C. P. Thierfelder, K. E.
Chapter: 13 (Page no: 310) New regionalism in the aftermath of Cancún: to the benefit or detriment of developing countries? Author(s): Nielsen, C. P.

Chapter details

  • Author Affiliation
  • Danish Research Institute of Food Economics, Agricultural Policy Research Division, Rolighedsvej 25, 1958 Frederiksberg C, Denmark.
  • Year of Publication
  • 2006
  • ISBN
  • 9781845930509
  • Record Number
  • 20063119999