Price volatility, export restrictions and the need for transparency
In this chapter, we explore how the WTO has struggled to fulfill its mission of advancing negotiations post the Uruguay Round. As export restrictions were not prioritized during the creation of GATT and the establishment of the WTO, this led to the utilization of export restrictions by countries, pa...
| Autores principales: | , |
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| Formato: | Capítulo de libro |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2024
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/151916 |
| _version_ | 1855538108228960256 |
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| author | Illescas, Nelson Masaro, Jimena Vicentin |
| author_browse | Illescas, Nelson Masaro, Jimena Vicentin |
| author_facet | Illescas, Nelson Masaro, Jimena Vicentin |
| author_sort | Illescas, Nelson |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | In this chapter, we explore how the WTO has struggled to fulfill its mission of advancing negotiations post the Uruguay Round. As export restrictions were not prioritized during the creation of GATT and the establishment of the WTO, this led to the utilization of export restrictions by countries, particularly in an unstable context, further exacerbating volatility in agricultural commodities. Moreover, as a result of an insufficient WTO notification system, countries have failed to promptly notify all measures. Furthermore, due to the paralysis of the Dispute Settlement Body, the WTO has lost its enforcement capacity, reducing the incentive for countries to engage in discussions within that forum, even when it is necessary to enhance transparency levels that provide greater certainty to dynamic and stressed markets, which is crucial for driving global food security and ensuring efficient allocation. |
| format | Book Chapter |
| id | CGSpace151916 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1519162025-12-08T10:11:39Z Price volatility, export restrictions and the need for transparency Illescas, Nelson Masaro, Jimena Vicentin agricultural products export controls price volatility WTO In this chapter, we explore how the WTO has struggled to fulfill its mission of advancing negotiations post the Uruguay Round. As export restrictions were not prioritized during the creation of GATT and the establishment of the WTO, this led to the utilization of export restrictions by countries, particularly in an unstable context, further exacerbating volatility in agricultural commodities. Moreover, as a result of an insufficient WTO notification system, countries have failed to promptly notify all measures. Furthermore, due to the paralysis of the Dispute Settlement Body, the WTO has lost its enforcement capacity, reducing the incentive for countries to engage in discussions within that forum, even when it is necessary to enhance transparency levels that provide greater certainty to dynamic and stressed markets, which is crucial for driving global food security and ensuring efficient allocation. 2024-08-19 2024-08-29T19:13:52Z 2024-08-29T19:13:52Z Book Chapter https://hdl.handle.net/10568/151916 en https://hdl.handle.net/10568/151786 Open Access application/pdf International Food Policy Research Institute Inter-American Institute for Cooperation on Agriculture Illescas, Nelson; and Masaro, Jimena Vicentin. 2024. Price volatility, export restrictions and the need for transparency. In Navigating the trade landscape: A Latin American perspective building on the WTO 13th ministerial conference, eds. Valeria Piñeiro, Adriana Campos, and Martin Piñeiro. Chapter 7, Pp. 82-98. https://hdl.handle.net/10568/151916 |
| spellingShingle | agricultural products export controls price volatility WTO Illescas, Nelson Masaro, Jimena Vicentin Price volatility, export restrictions and the need for transparency |
| title | Price volatility, export restrictions and the need for transparency |
| title_full | Price volatility, export restrictions and the need for transparency |
| title_fullStr | Price volatility, export restrictions and the need for transparency |
| title_full_unstemmed | Price volatility, export restrictions and the need for transparency |
| title_short | Price volatility, export restrictions and the need for transparency |
| title_sort | price volatility export restrictions and the need for transparency |
| topic | agricultural products export controls price volatility WTO |
| url | https://hdl.handle.net/10568/151916 |
| work_keys_str_mv | AT illescasnelson pricevolatilityexportrestrictionsandtheneedfortransparency AT masarojimenavicentin pricevolatilityexportrestrictionsandtheneedfortransparency |