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New Global Agricultural Trade Landscape: Challenges to the Multilateral Trade Negotiations Under the WTO

Author: Vera A. Maltseva

Abstract:

The article is devoted to the evolution of the global agricultural trade landscape in the context of Doha Development Agenda (DDA). The key transformations in the global agricultural market are considered, namely, the redistribution of trade flows between developed and developing countries; a shift from a low-price market to a high-price and volatile market; a shift from “demand constrained” to a “supply- constrained” agricultural trading system. Through the prism of these shifts URAA and DDA agenda are analyzed. The paper reveals that DDA still focuses on disciplines that help solve the problem of low prices and surpluses. The two key challenges for the DDA negotiations are determined: first, rethinking of the DDA agenda with a view to introduce binding disciplines that help mitigate international price peaks and excessive price volatility, and, second, shifting focus from supporting producers to protecting consumers.

Keywords: agricultural policy; the WTO; the Doha Round; international trade; agriculture

For citation:

Maltseva V. A. Novaya arkhitektura mirovykh sel'skokhozyaystvennykh rynkov: vyzovy dlya mnogostoronnikh peregovorov v ramkakh VTO [New Global Agricultural Trade Landscape: Challenges to the Multilateral Trade Negotiations Under the WTO]. Izvestiya Uralskogo gosudarstvennogo ekonomicheskogo universiteta – Journal of the Ural State University of Economics, 2016, no. 3 (65), pp. 126–132.