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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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