Poverty impacts of the volume-based special safeguard mechanism

Maros Ivanic and Will Martin

No 7006, Policy Research Working Paper Series from The World Bank

Abstract: The volume-based Special Safeguard Mechanism was proposed as essential for small, poor farmers and became the proximate cause of the collapse of the Doha Agenda negotiations in 2008. But is it helpful for these farmers, given that it is likely to be applied when farm output is depressed and many poor farmers in developing countries need to buy food? Stochastic simulations for 31 countries suggest that use of this safeguard in line with the proposed World Trade Organization rules would raise the world poverty headcount by an average of 24 million. The adverse poverty impact of the duty is larger when the quantity safeguard is triggered than it would be in other years, because lower farm output levels reduce or reverse the benefits to poor farm households from higher prices.

Keywords: Rural Poverty Reduction; Markets and Market Access; Regional Economic Development; Emerging Markets (search for similar items in EconPapers)
Date: 2014-08-01
New Economics Papers: this item is included in nep-agr
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www-wds.worldbank.org/external/default/WDSC ... ered/PDF/WPS7006.pdf (application/pdf)

Related works:
Journal Article: Poverty impacts of the volume-based special safeguard mechanism (2014)
Journal Article: Poverty impacts of the volume-based special safeguard mechanism (2014)
Working Paper: Poverty Impacts of the Volume-Based Special Safeguard Mechanism (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:7006

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().