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Agriculture In The Uruguay Round: Ambitions And Realities

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  • H. Guyomard
  • L. P. Mahé
  • K. J. Munk
  • T. L. Roe

Abstract

Agricultural trade policies are basically a function of domestic policy considerations which have produced high levels of support in many countries. New policy instruments such as direct payments, which are more demanding in terms of information costs but which distort resource allocation less, are becoming more attractive. Unilateral liberalisation is, however, unlikely. Freer trade is a public good which requires international collective action to be provided. Countries which have a clear‐cut trade interest in liberalising markets for commodities they export can play the role of catalyst in international co‐ordination. The existence of big players is a favourable factor. Hence, the drift of the Round towards a co‐ordination of US‐EC interests. Both political economy and trade interest considerations suggest that an agreement reached will have its main impact on crops which are widely traded. The main constraining factor of an agreement on EC and US agriculture will be the discipline it will impose on the use of export subsidies. Agriculture will still not come fully under GATT rules which apply to other sectors, but in the future the CAP will be more constrained by international commitments than in the past.

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  • H. Guyomard & L. P. Mahé & K. J. Munk & T. L. Roe, 1993. "Agriculture In The Uruguay Round: Ambitions And Realities," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(2), pages 245-263, May.
    • Handle: RePEc:bla:jageco:v:44:y:1993:i:2:p:245-263
    DOI: 10.1111/j.1477-9552.1993.tb00269.x
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    1. Munk, K J, 1989. "Price Support to the EC Agricultural Sector: An Optimal Policy?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 5(2), pages 76-89, Summer.
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    1. L.P. Mahé, 1995. "La politique agricole commune sera-t-elle malthusienne ?," Post-Print hal-02279008, HAL.
    2. de Gorter, Harry, 2008. "Explaining Inefficient Policy Instruments," Agricultural Distortions Working Paper Series 48638, World Bank.
    3. Hervé Guyomard & Nadine Herrard & Chantal Le Mouël & Yves Le Roux & Thierry Trochet, 1996. "L'accord agricole de l'Uruguay Round et la réforme de la Politique Agricole Commune : éléments d'analyse et de prospective," Working Papers hal-01594019, HAL.
    4. Thilo Glebe & Uwe Latacz-Lohmann, 2007. "Agricultural multifunctionality and trade liberalisation," Cahiers d'Economie et Sociologie Rurales, INRA Department of Economics, vol. 82, pages 57-73.
    5. Glebe, Thilo & Latacz-Lohmann, Uwe, 2007. "Agricultural multifunctionality and trade liberalisation," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 82.
    6. Hervé Guyomard & Louis-Pascal Mahé, 1995. "Le GATT et la nouvelle Politique agricole commune : une réforme inachevée," Revue Économique, Programme National Persée, vol. 46(3), pages 657-666.
    7. Thilo Glebe & Uwe Latacz-Lohmann, 2007. "Agricultural multifunctionality and trade liberalisation," Post-Print hal-01201147, HAL.

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