Agricultural insurance and the World Trade Organization

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 importa...

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Detalles Bibliográficos
Autor principal: Glauber, Joseph W.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2015
Materias:
Acceso en línea:https://hdl.handle.net/10568/150960
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author Glauber, Joseph W.
author_browse Glauber, Joseph W.
author_facet Glauber, Joseph W.
author_sort Glauber, Joseph W.
collection Repository of Agricultural Research Outputs (CGSpace)
description 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.
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spelling CGSpace1509602025-11-06T07:20:57Z Agricultural insurance and the World Trade Organization Glauber, Joseph W. agricultural policies crop insurance wto finance 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. 2015-10-23 2024-08-01T02:54:31Z 2024-08-01T02:54:31Z Working Paper https://hdl.handle.net/10568/150960 en Open Access application/pdf International Food Policy Research Institute Glauber, Joseph W. 2015. Agricultural insurance and the World Trade Organization. IFPRI Discussion Paper 1473. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/150960
spellingShingle agricultural policies
crop insurance
wto
finance
Glauber, Joseph W.
Agricultural insurance and the World Trade Organization
title Agricultural insurance and the World Trade Organization
title_full Agricultural insurance and the World Trade Organization
title_fullStr Agricultural insurance and the World Trade Organization
title_full_unstemmed Agricultural insurance and the World Trade Organization
title_short Agricultural insurance and the World Trade Organization
title_sort agricultural insurance and the world trade organization
topic agricultural policies
crop insurance
wto
finance
url https://hdl.handle.net/10568/150960
work_keys_str_mv AT glauberjosephw agriculturalinsuranceandtheworldtradeorganization