Argentine Agriculture under GATT

Sergio Lence

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: Argentina is the world's second largest exporter of grains, oilseeds, and oilseed products. Traditionally, Argentina's economic policies have taxed the agricultural sector, which produces goods for exports, to subsidize the mostly insulated industrial sector. Despite this unfavorable treatment, the agricultural sector has remained Argentina's economic mainstay and competes successfully in world markets. Recurrent economic crises have led to substantial changes in Argentine economic policies, which may eventually reduce the agricultural sector's burden of subsidizing the manufacturing sector's growth. Although this transition may take several years to accomplish, the predicted outcome is even greater competitiveness of Argentina's agricultural exports in world markets. From the perspective of the General Agreement on Tariffs and Trade (GATT), Argentina's agricultural sector stands to benefit greatly from trade liberalization. Argentine farmers have been taxed rather than subsidized, so they have no preferential treatment to lose in the GATT negotiations. Also, subsidized agricultural production and exports from countries such as those in the European Community have greatly undermined the profitability of Argentine farm businesses. If these countries agree to decrease or remove their subsidies as a result of the GATT, the Argentine agricultural sector should benefit.

Date: 1994-02
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.card.iastate.edu/products/publications/pdf/94gatt4.pdf Full Text (application/pdf)
https://www.card.iastate.edu/products/publications/synopsis/?p=892 Online Synopsis (text/html)

Related works:
Working Paper: Argentine Agriculture Under Gatt (1994)
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:ias:cpaper:94-gatt4

Access Statistics for this paper

More papers in Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University Contact information at EDIRC.
Bibliographic data for series maintained by ().