A Future Food Aid Regime: Implications of the Final Act of the Uruguay Round

  • John Shaw
  • Hans Singer
Part of the Palgrave Development Studies Series book series (PDSS)

Abstract

Conclusion of the Uruguay Round, the signing and ratification of the Final Act, and the setting up of the World Trade Organisation (WTO) provide a major opportunity for establishing a new food aid regime within a liberalising global economy. The Uruguay Round will be only one of a number of factors affecting world food production, trade, prices and aid, and the Final Act falls far short of the full liberalisation of trade originally envisaged. Other factors, which were not addressed directly during the Uruguay Round negotiations, including the emergence of regional trading blocks in Europe, North America and South-East Asia; the underlying forces of technological change that will continue to increase food production; and rising population growth and commercial demand in developing countries as incomes increase are likely to have significant effects on food supply, demand and price relationships. But will the Uruguay Round provide the swing factor, with other forces more or less cancelling each other out (Page, 1994)? Furthermore, gains brought about by the Uruguay Round in the agricultural sector may be offset by losses in other sectors, and vice versa (Islam and Valdes, 1990). Nevertheless, a major change has been brought about by the Uruguay Round in the way food markets are viewed, in the rules under which countries must operate their national food policies, and the opportunities for effective use of food aid.

Keywords

Clay Maize Europe Income Expense 

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Copyright information

© Development Studies Association 1998

Authors and Affiliations

  • John Shaw
  • Hans Singer

There are no affiliations available

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