Business / Commercial Law

Agricultural Subsidies in the WTO Green Box Ensuring Coherence with Sustainable Development Goals

Edited by Ricardo Mel&#233 · ndez-Ortiz · Christophe Bellmann · Jonathan Hepburn
Cambridge University Press December 2009

Specifications

ISBN-13
9780521519694
Publisher
Cambridge University Press
Publication
December 2009
Format
Hardback
Jurisdiction
International ? Countri(es) for reference only

Details

Do the World Trade Organization’s rules on ‘green box’ farm subsidies allow both rich and poor countries to achieve important goals such as food security, or do they worsen poverty, distort trade and harm the environment? Current WTO requirements set no ceiling on the amount of green box subsidies that governments can provide, on the basis that these payments cause only minimal trade distortion. Governments are thus increasingly shifting their subsidy spending into this category, as they come under pressure to reduce subsidies that are more directly linked to production. However, growing evidence nonetheless suggests that green box payments can affect production and trade, harm farmers in developing countries and cause environmental damage. By bringing together new research and critical thinking, this book examines the relationship between green box subsidies and the achievement of sustainable development goals, and explores options for future reform.

• Examines the issue of green box subsidies from a sustainable development perspective, as opposed to a purely economic or legal viewpoint • Addresses a set of farm subsidies that are of increasing importance, enabling the reader to engage critically with a new and important field of analysis • Offers analysis and opinions from a range of leading thinkers in the field, who are expected to inform the emerging debate in this area

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