A Development-Focused Agricultural Deal
June 1, 2004By Dominique Njinkeu and Francis Mangeni
From the Introduction: OECD countries export at least a quarter of their production of most agricultural commodities, and the growth potential for their market share in the developed world is very limited. Low-income countries constitute the only real potential for expanding trade in agriculture. Trade expansion will, in turn, materialize only if demand in these countries also expands. The number of people moving out of poverty in low-income countries is thus the major determinant of the prospects of agricultural production and trade. There are interesting parallels between developed countries agriculture in the 1920s and the situation which prevails today in most low income countries. By drawing the proper lessons from the experiences of developed and developing countries agriculture it is possible to find an outcome for the Doha Development Agenda that benefits all WTO Members.
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