A discussion of globalization and agricultural trade policy. The contributors explore: rapidly evolving environmental policies; state trading enterprises and their impact on international prices and competitiveness; regional trade agreements; and the influence of the WTO on policy.
This Handbook provides insights to the ways in which globalisation is affecting the whole agri-food system from farms to the consumer. It covers themes including the physical basis of agriculture, the influence of trade policies, the nature of globalis
The relative prosperity in U.S. agriculture that attended the passage of the Federal Agriculture Improvement and Reform Act of 1996 was followed by a general decline in U.S. agricultural prices from 1998 to 2000. This trend in declining prices continues through the year 2001, despite the movement toward more liberalized agricultural trade. Trade liberalization has been the result of a variety of factors, including the implementation of the Uruguay Round Agreement, and the establishment of a variety of regional trade agreements, such as the North America Free Trade Agreement. Needless to say, in the face of falling agricultural prices and increasingly liberalized ag ricultural trade, the agricultural policy scene is an extremely complex one, both locally and globally. The chapters in this volume look to understand this complexity by ad dressing the interaction between trade, the economic well-being of the farm sector, and the possibilities for future policy reform. The chapters collected here explore a number of different issues, including the operation of the tar iff-rate quotas established under the Uruguay Round Agreement, the impli cations of sanitary and phytosanitary restrictions on trade, and the growing controversy over genetically modified organisms. In addition, several chap ters analyze the interaction between agricultural trade and environmental concerns.
Agriculture in the New Global Economy examines the extent to which the political economy of agriculture and the food chain is being transformed by globalisation. This book highlights the important changes that have taken place in the agriculture and food system with the spread of globalisation to this traditionally local sector. Structural change and emerging technologies have contributed to this transformation, which has extended to the political environment in which agriculture operates. The authors identify four paradigms that have characterised the governance of agriculture: a traditional dependent-agriculture paradigm; a neo-liberal competitive paradigm; a multifunctional paradigm; and an emergent globalised-production paradigm. The tensions among these paradigms are developed with reference to evidence from the United States and Canada, the EU, Australia, Japan and the Global South. The book analyses the controversy over genetic modification of foodcrops, developments in agricultural trade policy at the multilateral and regional levels, changing national food policy systems, and emerging global governance arrangements for the sector. Illustrating contemporary policy debates using both theoretical perspectives and empirical evidence, this book will appeal to academics, researchers and students specialising in political science, environmental studies, agricultural economics, management and food policy. The book will also be of interest to government practitioners in agriculture and environment departments as well as international organisations such as the EU, FAO and WTO.
'This book obtains its broad expertise by pulling together expertise from a wide range of experts in the way that each chapter is written by authors specialized in the topic addressed. . . This Handbook on international trade policy is a good summary of theories, policy instruments and their effects and is written in an understandable manner. Most parts are suited for students and those who want to start understanding international trade policy. It is also useful for researchers, policy-makers and practitioners looking for quick guidance on different topics in international trade policy. The clear structure of the book organized by topics allows for a quick and easy reference.' – Martin Grass, Quarterly Journal of International Agriculture The Handbook on International Trade Policy is an insightful and comprehensive reference tool focusing on trade policy issues in the era of globalization. Each specially commissioned chapter deals with important international trade issues, discusses the current literature on the subject, and explores major controversies. The Handbook also directs the interested reader to further sources of information. The expert contributors cover both traditional and more current concerns including: • history of thought on trade policy • the development of multilateral organizations such as the World Trade Organization • border restrictions and subsidies • regional trade agreements • trade and the environment • animal, plant and food safety measures • international protection of intellectual property and sanctions. Presenting a broad and state-of-the-art perspective on the topic, this highly accessible Handbook will prove an invaluable resource to researchers, academics, policymakers and practitioners concerned with international trade policy.
This report examines the following set of determinants to assess their likely impacts on the international agricultural trade agenda: the dynamics of World Trade Organization (WTO) implementation of existing agreements; the influence of WTO accession negotiations, and the role of new members; the ongoing reforms of national and agricultural policies; the effects of regional economic integration; the role of new groupings and coalitions; and the emergence of new trade-related issues. The report discusses these elements in the context of the broader trends that define the shape and direction of the international policy environment. These trends include globalization, structural change in agri-food markets and industries, and the particular supply and demand situation for agri-food products.
This book brings together a collection of papers that Robert M Stern and his co-authors have written in recent years. The collection addresses a variety of issues pertinent to the global trading system. One group of papers deals with globalization in terms of what the public needs to know about this phenomenon and the role of the World Trade Organization (WTO), whether some countries may be hurt by globalization, how global market integration relates to national sovereignty, and how and whether considerations of fairness are and should be dealt with in the global trading system and WTO negotiations. A second group of papers consists of analytical and computational modeling studies of multilateral, regional, and bilateral trading arrangements and negotiations from a global and national perspective for the United States and other major trading countries. The remaining papers include an empirical analysis of barriers to international services transactions and the consequences of liberalization, and issues of international trade and labor standards. Sample Chapter(s). Chapter 1: Introduction and Overview (97 KB). Contents: Globalization: What the Public Should Know about Globalization and the World Trade Organization (A V Deardorff & R M Stern); Globalization''s Bystanders: Does Trade Liberalization Hurt Countries That Do Not Participate? (A V Deardorff & R M Stern); Global Market Integration and National Sovereignty (A G Brown & R M Stern); Concepts of Fairness in the Global Trading System (A G Brown & R M Stern); Analysis of Multilateral, Regional, and Bilateral Trading Arrangements: Multilateral Trade Negotiations and Preferential Trading Arrangements (A V Deardorff & R M Stern); An Overview of the Modeling of the Choices and Consequences of US Trade Policies (A V Deardorff & R M Stern); Issues of Manufactures Liberalization and Administered Protection in the Doha Round (A V Deardorff & R M Stern); An Assessment of the Economic Effects of the Menu of US Trade Policies (K Kiyota & R M Stern); Trade Diversion Under NAFTA (K Fukao et al.); Some Economic Effects of the Free Trade Agreement between Tunisia and the European Union (D K Brown et al.); A North American Free Trade Agreement: Analytical Issues and a Computational Assessment (D K Brown et al.); Computable General Equilibrium Estimates of the Gains from US-Canadian Trade Liberalization (D K Brown & R M Stern); The Effects of the Tokyo Round on the Structure of Protection (A V Deardorff & R M Stern); Services Trade: Empirical Analysis of Barriers to International Services Transactions and the Consequences of Liberalization (A V Deardorff & R M Stern); International Trade and Labor Standards: Pros and Cons of Linking Trade and Labor Standards (D K Brown et al.); The Effects of Multinational Production on Wages and Working Conditions in Developing Countries (D K Brown et al.); US Trade and Other Policy Options and Programs to Deter Foreign Exploitation of Child Labor (D K Brown et al.); Labor Standards and International Trade (R M Stern). Readership: Upper-level undergraduates, post graduates, academics, researchers and policy-makers in international trade and finance.
Trade policies and agreements are a powerful weapon in the Era of Globalization. Most countries' strategy is to pursue multiple market-opening initiatives on a global, regional and bilateral basis, establishing models of success that can be used throughout all negotiations. This book presents some trade policies and agreements of the United States.
The history of agricultural trade stretches back more than ten millennia, but it became more inter-continental from the 17th century and much denser in the 19th century following the repeal of Britain’s protective Corn Laws in 1846 and major declines in international trade costs. Trade was chaotic in the period bookended by the two world wars, but trade policy anarchy gave way to greater certainty after the General Agreement on Tariffs and Trade (GATT) was signed in 1947. This paper seeks to identify the forces that shaped that history, and to re-examine the case for continued openness to trade in farm and processed food products. It does so in the wake of uneven economic growth and structural transformation and as agri-food systems respond to increased market and policy uncertainties this century -- and to growing pressures for agricultural production to become more sustainable and for its food outputs to be safer and more nutritious. The paper points to better policy options than trade measures for achieving most national objectives -- options that can simultaneously benefit the rest of the world. Areas for further economic research are noted before the paper concludes.
This book interprets the Common Agricultural Policy in the context of the broader processes of globalization, especially as those processes link to the organization of interests in the farm sector and the long-standing corporatist relationships between farmers and the state.
This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyze many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies, as well as researchers in international trade and foreign investment.--Publisher.
