Agricultural insurance and the World Trade Organization

Joseph W. Glauber

No 1473, IFPRI discussion papers from International Food Policy Research Institute (IFPRI)

Abstract: This paper examines how agricultural insurance programs are treated under the World Trade Organization (WTO). Agricultural insurance programs have grown considerably over the past 25 years and now are an integral part of many domestic support programs, not just in developed countries, but in important emerging markets as well. An often-cited impetus for the growth in insurance program is the potential treatment of such programs as exempt from WTO reduction commitments. Under Annex 2 of the Uruguay Round Agreement on Agriculture, domestic support measures that have, at most, a minimal impact on trade, so-called green box policies, are excluded from reduction commitments. Yet while WTO rules shield green box policies from reduction, few developed countries have notified agricultural insurance policies under Annex 2. Moreover, crop insurance programs have been challenged in recent WTO dispute settlement cases and domestic countervailing duty investigations.

Keywords: agricultural policies; crop insurance; wto; finance (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://hdl.handle.net/10568/150960

Related works:
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:fpr:ifprid:1473

Access Statistics for this paper

More papers in IFPRI discussion papers from International Food Policy Research Institute (IFPRI) Contact information at EDIRC.
Bibliographic data for series maintained by ().