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Abstract

Many developing countries continue to suffer from insufficient economic growth and poverty. Food and agriculture are major elements for development, in particular in the least developed countries where they account for 35% of GDP. OECD countries are committed to the reform of agricultural policies towards more market orientation and trade liberalization, while recognizing that agriculture also fulfils societal functions. Support to agriculture in OECD countries in 1999 reached the same level as in 1987, thus offsetting the decline observed until 1997. The URAA has created disciplines in market access, export subsidies and domestic support; this constitutes progress, even if its impact has been limited. It is essential that domestic policy reform and trade liberalization be further enhanced, thereby improving the economic prospects of developing countries.

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References

Hertel

T.W.

Anderson

François

Hoekman

and Martin

, ‘Agricultural and non-agricultural liberalization in the millennium round’, paper presented at the Conference on Agriculture and the New Trade Agenda of the WTO 2000 Negotiations, 1–2 October, Geneva, 1999.

OECD, Agricultural Policies in OECD Countries: Monitoring and Evaluation 2000, OECD, Paris, 2000a.

Hertel , op cit, Ref 1.

OECD, Agricultural Policies in Emerging and Transition Economies, OECD, Paris, 2000b.

OECD, Communiqué, Meeting of the Committee for Agriculture at Ministerial Level, 5–6 March, Paris, 1998.

OECD, Agricultural Outlook 2000–2005, Paris, 2000c.

OECD, Communiqué, ‘Shaping Globalisation’, Meeting of the OECD Council at Ministerial Level, 27 June, Paris, 2000d.

Global Economy in the New Millennium: A Dynamic Context for Food and Agricultural Policies

Abstract

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References