Suchergebnisse

Following the Uruguay Round of trade negotiations (1986–1994), Canada replaced its import quotas on sensitive products with tariff rate quotas. These tariffs have effectively blocked over-quota imports and are likely to continue to prevent imports on most supply-managed products following the successful completion of the Doha Development Round trade negotiations. However, we argue that tariff cuts in the post-Doha Round period will severely limit Canada's ability to restrict imports, and it is important to use this opportunity to better position supply-managed industries to compete. This paper reviews a number of reform options that could be pursued.

Financial crises after financial crises have occurred, but for many countries the last one, the 2008-09 global recession, was the deepest since the 1930s great depression. This book started with an objective to understand the impact of high inflation on poverty and food security in Southeast Asia. However, the global economy moved quickly into recession in 2008. Global recession has also come to Southeast Asia. Anticipating that the impact of global recession would be more severe than that of high inflation, we refocused the title of the book to Poverty and Global Recession in Southeast Asia. This book attempts to contribute a better understanding of poverty and food security in Southeast Asia during the recent global recession, considering both recent developments and the previous major crisis of 1997-98

AbstractCanadian dairy farmers purchase a marketing quota through the Provincial Marketing Boards to sell milk in Canada. That quota captures rents created by regulations and is subject to policy risk. We define policy risk as the farmers' expectation that quota rents will decline or disappear over time. We calculate the effect of perceived policy risk to determine whether the Uruguay Round Agreement affected the amount of protection given to farmers. Calculated policy risk ranged from 14‐29%. Policy risk increased in the years leading up to the Uruguay Round Agreement, but decreased after the WTO was established and remains at a historic low.