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Additional info for Agriculture And Development: The Case for Policy Coherence
LDCs are particularly vulnerable economies which need additional support in helping them to integrate into the world economy. However, from a coherence viewpoint, it should be recalled that agricultural preference schemes for LDCs fail to focus on those countries where rural poverty is most extensive. Certainly, rural poverty is higher in poor countries, with up to 82% of the rural population in LDCs classified as poor. However, as noted earlier, some 58%% of the world’s poor live in lower middle-income developing countries; only 15% live in LDCs.
Given that many TRQs are under-filled, the OECD analysis shows that expanding quotas does not materially alter market access. This conclusion is accompanied by the caveat that the analysis cannot take into account the complicated nature of TRQ administration and allocation mechanisms, and this could lead to an under-estimation of the effects of TRQ expansion. The analysis finds that the effects of expanding quotas while also reducing in-quota tariffs are not greatly different. Reducing in-quota tariffs appears to have a greater role in allocating quota rents between the government and private traders.
2002 Type of model AGE GTAP 4 Valuation date 2005 Value of gains USD 12 billion Tokarick 2003 AGE GTAP 5 1997 USD 8 billion Diao et al. 2 billion** Francois et al. 4 billion ** Beghin et al. 2003 Dynamic AGE 2015 USD 26 billion * Includes liberalisation by developing countries themselves. See text for explanation of figures. ** Result of 50% liberalisation based on their constant returns to scale model has been doubled. 3. 6 billion figure. This is not necessarily the case. Many developing countries continue to protect their manufacturing sectors.
Agriculture And Development: The Case for Policy Coherence by Organisation for Economic Co-Operation a