THE URUGUAY ROUND AGREEMENT ON AGRICULTURE AND THE INTERNATIONAL TRADE OF SUB-SAHARAN AFRICA

Dean A. DeRosa

Agrekon, 1996, vol. 35, issue 2

Abstract: This paper discusses the Uruguay Round agreement on agriculture and highlights the incumbent reforms to farm policies in the major industrial countries. The main analysis investigates the implications of the agreement for the international trade of low-income and middle-income countries in Sub-Saharan Africa, for which food imports but also agricultural exports bulk particularly large. Based on consensus estimates of changes in world prices of agricultural commodities resulting from the Uruguay Round, the effects of the Round on Africa's trade are quantified using a simple economic model under alternative assumptions regarding the adjustment of real exchange rates, adoption of economic policy reforms to reduce the bias against agriculture in Africa, and compliance of countries in the region with the Uruguay Round requirement for the tariffication of administered restrictions on imports of agricultural goods.

Keywords: Agricultural and Food Policy; Farm Management (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:267868

DOI: 10.22004/ag.econ.267868

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