AUSTRALIAN AGRICULTURE AND WORLD COMMODITY TRADING ARRANGEMENTS

A long period of international discussion and negotiation about new global trading arrangements ended in 1979. Despite changed economic and institutional circumstances, and growing deficiencies in the. existing arrangements for agricultural trade, these negotiations have done little to improve the efficiency with which the world's agricultural resources are used. Rather, they have tended to institutionalise the status quo. This is likely further to disadvantage efficient producers and to lead to a growing bilateralism in trading relationships, with consequent increased politicisation and potential for conflicts and instability.


Issue Date:
1980-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22913
Published in:
Australian Journal of Agricultural Economics, Volume 24, Number 3
Page range:
167-182
Total Pages:
16




 Record created 2017-04-01, last modified 2017-08-24

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