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Agricultural Domestic Support Under the WTO - Experience and Prospects (Hardcover)
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Agricultural Domestic Support Under the WTO - Experience and Prospects (Hardcover)
Series: Cambridge International Trade and Economic Law
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The WTO Agreement on Agriculture subjects different groups of
developed and developing countries to different limits on domestic
support and allows various exemptions from these limits. Offering a
comprehensive assessment of the Agreement's rules and
implementation, this book develops guidance toward socially
desirable support policies. Although dispute settlement has
clarified interpretation of the Agriculture and SCM Agreements,
gaps remain between the legal disciplines and the economic effects
of support. Considering the Agriculture Agreement also in the
context of today's priorities of sustainability and climate change
mitigation, Lars Brink and David Orden build a strategy that aligns
the rules and members' commitments with the economic impacts of
agricultural support measures. While providing in-depth analysis of
the existing rules, their shortcomings and the limited scope of
ongoing negotiations, the authors take a long-term view, where
policies directed toward evolving priorities in agriculture are
compatible with strengthened rules that reduce trade and production
distortions.
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