Review and Analysis of International and Budgetary Considerations for the 2007 U.S. Farm Bill

We assess the extent to which national budget considerations, international trade negotiations, and domestic political deliberations affect the potential development of an omnibus farm bill, which may be signed into law in 2008. With no successful conclusion of the Doha Development Round of trade negotiations in sight, U.S. legislators appear unable to make politically unpopular decisions on domestic farm policy reform. However, the absence of an international trade agreement does not reduce the need for the U.S. to comply with previous agreements.

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Economics Staff Paper
No. 2008-1

 Record created 2017-04-01, last modified 2020-10-28

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