Current subsidies in the agricultural sector of the global trade system

This article focuses on the provisions of the WTO agreements regulating the use of subsidies in the agricultural sector by the member-states. It analyzes current practices of the WTO member-states’ in subsidizing their agricultural production. It also outlines the main trends in improving the practi...

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Bibliographic Details
Main Author: Ganna Voronina
Format: Article
Language:English
Published: Kyiv National Economic University named after Vadym Hetman 2006-03-01
Series:International Economic Policy
Subjects:
WTO
Online Access:http://iepjournal.com/journals_eng/5/2006_2_Voronina_eng.pdf
Description
Summary:This article focuses on the provisions of the WTO agreements regulating the use of subsidies in the agricultural sector by the member-states. It analyzes current practices of the WTO member-states’ in subsidizing their agricultural production. It also outlines the main trends in improving the practices of subsidizing agricultural producers in the leading countries of the world. The article also describes the major coalitions within the WTO that actively participate in the development and improvement of international trade rules in agricultural produce. In the current context whereby Ukraine seeks WTO accession, the structure of domestic measures in support of agriculture pursuant to the requirements of this international organization is given special attention. The article also considers the prospects for further liberalization of international trade in agricultural produce.
ISSN:1811-9832
1812-0660