000237440 001__ 237440
000237440 005__ 20180123004548.0
000237440 037__ $$a1600-2016-134333
000237440 041__ $$aen_US
000237440 245__ $$aCaribbean Community Agro-Economy and the GATT/WTO Rules on Agriculture: Imperitives for Subregional Growth and Development
000237440 246__ $$aCARICOM, GATT/WTO, Trade liberalization, Welfare Gains,
000237440 260__ $$c1997-09
000237440 269__ $$a1997-09
000237440 300__ $$a30
000237440 336__ $$aWorking or Discussion Paper
000237440 490__ $$a	International Working Paper Series
000237440 520__ $$aThis paper addresses the imperatives for accelerated
growth and development in CARICOM countries, within the context of
an evolving "new economic order", which has been manifested in the
signing of the accord to the GATT/WTO Uruguay Round of Negotiations
in April 1994. Against the backdrop of tensions, the Uruguay Round
accord brought closure on a number of major trade reform issues.
The accord, inter alia, aims for: 1) greater liberalization of
trade, including agricultural trade, 2) consolidation of measures
affecting import access and export competition under strengthened
and more operationally effective rules, 3) monitoring, and
enforcement of appropriate multilateral economic behavior, and 4)
a competitive environment, by increasing discipline in the use .of
direct and indirect subsidies and other distortions to agricultural
trade. This paper develops a conceptual economic framework which we
consider relevant and enlightening for analysis of the GATT/WTO
rules, as they relate to CARICOM. A descriptive, analytical and
diagnostic approach is then applied in an attempt to identify
opportunities and challenges facing CARICOM countries as. they
embrace market oriented policies and increase their participation
in international trade. We argue that in the short run, CARICOM
countries can still operate under the present status quo, based on
the explicit recognition given by GATT/WTO to their special
adjustment constraints. These countries must, however, pursue major
new imperatives for growth and development in anticipation of the
full effect of the new rules. Consistencies and inconsistencies
between CARICOM trade rules/behavior and those of the GATT/WTO are
identified. Also, suggestions are made regarding the adoption of
appropriate structural and behavioral economic imperatives that
appear to offer potential for strategically repositioning and
reinserting CARICOM's agro-economy in the new economic order.
000237440 542__ $$fLicense granted by Mallory Pagel (pagel107@umn.edu) on 2016-06-17T17:38:44Z (GMT):

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000237440 650__ $$aInternational Relations/Trade
000237440 6531_ $$aCARICOM
000237440 6531_ $$aGATT/WTO
000237440 6531_ $$aTrade liberalization
000237440 6531_ $$aWelfare Gains
000237440 6531_ $$aRegional Development
000237440 6531_ $$aPolicy Options.
000237440 700__ $$aBallayram
000237440 700__ $$aDavis, Carlton G.
000237440 8564_ $$s1318862$$uhttp://ageconsearch.umn.edu/record/237440/files/ufl-iwp-97-11.pdf
000237440 887__ $$ahttp://purl.umn.edu/237440
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  Previous issue date: 1997-09
000237440 982__ $$gUniversity of Florida>Food and Resource Economics Department>International Working Paper Series
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