ENGLISH

Roadblock to Reform: The Persistence of Agricultural Export Subsidies (Policy Issues in International Trade and Commodities Study)

By Ralf Peters , Division on International Trade in Goods and Services and Commodities , United Nations Conference on Trade and Development (UNCTAD)

Book information

Publisher
United Nations Publications
Year
2006
ISBN
9211126789, 9789211126785
Google Books ID
m2Ik1ZvjUYcC
Open Library ID
OL12894089M
Language
english
Format
PDF
Filesize
362 kB (370501 bytes)
Series
Policy Issues in International Trade and Commodities Study 32
Pages
49\49
Orientation
no
Scanned
no
Time added
2011-08-31 04:54:40

Description

Some countries pay export subsidies in order to dispose of their surplus agricultural production on world markets. These payments impose substantial costs on taxpayers in the subsidizing countries and reduce the world prices to the detriment of producers in developing and least developed countries. However, they also benefit consumers in food-importing countries, many of which are developing. This analysis suggests that while longer-term reforms of export subsidies are desirable, the immediate removal of export subsidies is likely to cause some hardships for some developing country consumers, which will need to be addressed with appropriate support mechanisms.

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