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The Breakdown of the Doha Round Negotiations - What Does it Mean for Dealing with Soaring Food Prices?

David Hallam, Panos Konandreas, Jamie Morrison and Ramesh Sharma

No 3, FAO - Economic and Social Perspectives from Economic and Social Development Department of the Food and Agriculture Organization of the United Nations (FAO)

Abstract: In the period leading up to the July 2008 WTO ministerial meeting, the crisis of soaring food prices was used both to argue for a speedy resolution of the negotiations, and to argue against any further reductions in protection that might result from a new agreement. Are the arguments relating to food prices valid? Does the collapse of the round have significant implications in the context of soaring food prices? To answer these questions, this brief examines the extent to which existing - and proposed - changes to WTO rules and provisions affect response measures to soaring food prices.

Keywords: WTO; GATT; Doha; trade; investment; negotiations; food prices; food crisis; food security (search for similar items in EconPapers)
JEL-codes: F21 F23 F54 O13 Q15 Q17 (search for similar items in EconPapers)
Pages: 3 pages
Date: 2008
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