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Books > Earth & environment > The environment > Environmental economics > Sustainability
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Agricultural Subsidies in the WTO Green Box - Ensuring Coherence with Sustainable Development Goals (Hardcover)
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Agricultural Subsidies in the WTO Green Box - Ensuring Coherence with Sustainable Development Goals (Hardcover)
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Do the World Trade Organization's rules on 'green box' farm
subsidies allow both rich and poor countries to achieve important
goals such as food security, or do they worsen poverty, distort
trade and harm the environment? Current WTO requirements set no
ceiling on the amount of green box subsidies that governments can
provide, on the basis that these payments cause only minimal trade
distortion. Governments are thus increasingly shifting their
subsidy spending into this category, as they come under pressure to
reduce subsidies that are more directly linked to production.
However, growing evidence nonetheless suggests that green box
payments can affect production and trade, harm farmers in
developing countries and cause environmental damage. By bringing
together new research and critical thinking, this book examines the
relationship between green box subsidies and the achievement of
sustainable development goals, and explores options for future
reform.
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