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Current Issues in Global Agricultural and Trade Policy presents an
authoritative perspective on matters that will contribute to the
future shape of global markets for agricultural products. Written
by a rare grouping of eminent and globally leading agricultural
economists from a wide variety of backgrounds, the book provides an
analytical overview of the academic and professional work of the
late Timothy E Josling, an outstanding intellectual innovator.Areas
covered in the book include farm policies of the EU and the USA,
analysis of farm support and its effects, US trade policy for
agricultural products, analysis of food security, implications of
sanitary and phytosanitary measures, and relevance of geographical
indications in international trade. The implications of the
COVID-19 pandemic for agricultural trade policy are discussed in an
endnote. This book throws light on some of the most impressive
achievements of the agricultural economics profession.
This book examines the current and future challenges facing the
food and agricultural system and their implications for
policymaking at the national and international level.The growth in
global population and income is expected to result in increasing
demand for food and agricultural raw materials, intensifying
concerns over food security and increasing pressure on the planet's
natural resources. Moreover, climate change - a challenge on its
own - is likely to increase the urgency for reforms in the food and
agricultural sector. As a substantial contributor to greenhouse gas
emissions, the sector will need to participate in efforts to slow
global warming and to adjust to the effects of climate change,
while ensuring global food security and resource sustainability.
These pressures define a new set of priorities for policymaking at
the national and international level. They also necessitate changes
in the framework of global institutions for effective governance of
the food system.Global Challenges for Future Food and Agricultural
Policies presents a comprehensive analysis of the inter-related
policy challenges of food security, management of natural
resources, climate change, and international governance. The book
also offers valuable insights into options for effective
policymaking with the goal of inducing positive policy changes to
the food and agricultural sector.
This book examines the domestic policies of selected countries that
relate to the most basic of agricultural commodities-grains. It
provides a balanced assessment of the pros and cons of government
intervention when developing a domestic grain trade policy.
Farm support is contentious in international negotiations. This
in-depth assessment of the legal compliance and economic evaluation
issues raised by the WTO Agreement on Agriculture presents
consistent support data and forward-looking projections for eight
developed and developing countries (EU, US, Japan, Norway, Brazil,
China, India, Philippines), using original estimates where official
notifications are not available. Variations over time in notified
support in some cases reflect real policy changes; others merely
reflect shifts in how countries represent their measures. The
stalled Doha negotiations presage significantly tighter constraints
for developed countries that provide the highest support, but
loopholes will persist. Developing countries face fewer constraints
and their trade-distorting farm support can rise. Pressure points
and key remaining issues if a Doha agreement is reached are
evaluated. Vigilant monitoring for compliance of farm support with
WTO commitments will be required to lessen its negative
consequences whether or not the Doha Round is concluded.
The book is composed of a series of case studies. The countries
included reflect the interest and experience of the authors who
collaborated in preparing the volume. No attempt was made to
provide representative coverage based upon a comprehensive
classiftcation of countries, which is why there are no chapters
dealing with such exporters as Argentina or Thailand or importers
such as Egypt or Japan. Despite the somewhat eclectic geographical
mix, many of the fundamental issues that face the North and the
South, both individually and collectively, are illustrated by the
case countries. We would argue that there is much to be learned
about the effective implementation of policy choices and the
constraints that policymakers face by looking at individual country
experiences, rather than by attempting to generalize on the basis
of an abstract theoretical framework There is a dearth of
information on what countries actually do in managing domestic
grain markets.
Farm support is contentious in international negotiations. This
in-depth assessment of the legal compliance and economic evaluation
issues raised by the WTO Agreement on Agriculture presents
consistent support data and forward-looking projections for eight
developed and developing countries (EU, US, Japan, Norway, Brazil,
China, India, Philippines), using original estimates where official
notifications are not available. Variations over time in notified
support in some cases reflect real policy changes; others merely
reflect shifts in how countries represent their measures. The
stalled Doha negotiations presage significantly tighter constraints
for developed countries that provide the highest support, but
loopholes will persist. Developing countries face fewer constraints
and their trade-distorting farm support can rise. Pressure points
and key remaining issues if a Doha agreement is reached are
evaluated. Vigilant monitoring for compliance of farm support with
WTO commitments will be required to lessen its negative
consequences whether or not the Doha Round is concluded.
This book explores the policy implications of growing pressures for
economic adjustment in the agricultural sectors of developed
countries. The primary focus is on Europe and North America, but
adjustment policies in other developed countries are discussed.
Some chapters are based on an international workshop at Imperial
College, London in October 2003, and an international symposium in
Philadelphia in the spring of 2004.
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