Abolition of tariffs, subsidies and domestic support programs would
boost global welfare by nearly $300 billion per year by 2015, says a new
World Bank research study, Agricultural Trade Reform and the Doha
Development Agenda, published November 2005. Close to two-thirds of
these gains would come from agricultural trade reform, because
agriculture is so much more distorted than other sectors.
\"Within agriculture, market access barriers are the key. Deep
reductions in agricultural tariffs would deliver 12 times the gains that
would be achieved by abolishing export subsidies and trade-distorting
domestic support to agriculture,\" said Will Martin, lead economist in
the Bank's trade research group. \"Making agricultural markets more
accessible is the most fundamental reform that needs to emerge from the
Doha round of WTO negotiations.\"
Anderson, K.; Martin, W. Agricultural Trade Reform and the Doha Development Agenda. Palgrave Macmillan, (2005) 384 pp. ISBN 9780821362396
Agricultural Trade Reform and the Doha Development Agenda