Question
Should WTO rules exempt public stockholding (PSH) programs for food security in developing countries from rules restricting agricultural subsidies? Issues to consider: GATT/WTO rules and
Should WTO rules exempt public stockholding (PSH) programs for food security in developing countries from rules restricting agricultural subsidies?
Issues to consider:
GATT/WTO rules and principles
Doha Round Ministerial Conferences (esp. Cancn, Bali, Buenos Aires)
Domestic political institutions
Domestic political and social costs
Bargaining and transaction costs
Bargaining power and path dependence
Prosperity, justice, fairness
Perspectives to consider:
Developed economies vs. developing economies
Welfare vs. distribution
Short-term payoffs vs. long-term payoffs
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