Publications

Evolving Agricultural Policies and Markets

Implications for Multilateral Trade Reform

Published on October 19, 2016

Also available in: French

book

This report focuses on the significant developments in world agricultural markets and in the policies of major agricultural producing regions since the latest round of WTO negotiations began in 2001. In the past decade, production, prices and trade flows have been transformed and countries have substantially altered their agricultural trade and domestic support policies. The impacts of these policies on global production, trade and welfare (proxied by private household consumption) are assessed along with the effects of possible multilateral trade reform scenarios. The assessments are made through an application of the OECD’s computable general equilibrium model, METRO, in conjunction with the AGLINK-COSIMO outlook model.

TABLE OF CONTENTS

Foreword
Executive summary
Current agricultural policies: An overview of their impact and possible reforms
Developments in agricultural markets and policies
Impacts of current agricultural policies and potential impacts from reform
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Executive Summary

Policy Note : Changes in Agricultural Markets Increase Costs from Delaying Reform

Impact of policies, reforms and drifts on the world economy

Evolving Agricultural Policies and Markets