Agricultural Domestic Support Under the WTO : Experience and Prospects

Outlining the shifting patterns of farm support since the 1994 WTO Agreement on Agriculture, this book explains the WTO's complex rules and related dispute settlement. Drawing upon extensive experience, Brink and Orden chart a path towards an updated Agreement that better aligns with economic impacts while addressing salient policy priorities.

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.