The effect of WTO and FTAA on agriculture and the rural sector in Latin America

In this paper we analyze the effect on output, employment and poverty of two (2) alternative versions of further trade liberalization -- one representing free trade world wide (WTO) and the other a Western hemisphere free trade bloc (FTAA). The paper introduces international commodity price changes...

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Main Authors: Morley, Samuel, Piñeiro, Valeria
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2004
Subjects:
Online Access:https://hdl.handle.net/10568/155676
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author Morley, Samuel
Piñeiro, Valeria
author_browse Morley, Samuel
Piñeiro, Valeria
author_facet Morley, Samuel
Piñeiro, Valeria
author_sort Morley, Samuel
collection Repository of Agricultural Research Outputs (CGSpace)
description In this paper we analyze the effect on output, employment and poverty of two (2) alternative versions of further trade liberalization -- one representing free trade world wide (WTO) and the other a Western hemisphere free trade bloc (FTAA). The paper introduces international commodity price changes derived from a world model into national Computable General Equilibrium (CGE) and microsimulation models for fifteen (15) Latin American countries to estimate how FTAA and WTO would affect sectoral output, employment, wages and poverty levels at the national level for each of the countries. We found that either of these two alternatives is expansionary for both output and employment in general and for agriculture in particular in most Latin American countries. WTO particularly favors the rural sector because the elimination of producer subsidies in developed countries causes a big increase in prices of all food commodities, especially on grains, dairy products and milk. As a result we found that in general, trade liberalizationreduced skill differentials, both within the urban sector, and where we had the information, between the rural and urban unskilled. Finally, the poverty microsimulation exercise showed that the poor are helped by either WTO or FTAA. Either version reduces poverty and inequality, and the changes are especially significant under the WTO. Clearly the rural poor pay a fairly heavy price for the producer subsidies in developed countries.
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spelling CGSpace1556762025-11-06T07:23:36Z The effect of WTO and FTAA on agriculture and the rural sector in Latin America Morley, Samuel Piñeiro, Valeria wto trade liberalization prices employment poverty rural population urban population subsidies In this paper we analyze the effect on output, employment and poverty of two (2) alternative versions of further trade liberalization -- one representing free trade world wide (WTO) and the other a Western hemisphere free trade bloc (FTAA). The paper introduces international commodity price changes derived from a world model into national Computable General Equilibrium (CGE) and microsimulation models for fifteen (15) Latin American countries to estimate how FTAA and WTO would affect sectoral output, employment, wages and poverty levels at the national level for each of the countries. We found that either of these two alternatives is expansionary for both output and employment in general and for agriculture in particular in most Latin American countries. WTO particularly favors the rural sector because the elimination of producer subsidies in developed countries causes a big increase in prices of all food commodities, especially on grains, dairy products and milk. As a result we found that in general, trade liberalizationreduced skill differentials, both within the urban sector, and where we had the information, between the rural and urban unskilled. Finally, the poverty microsimulation exercise showed that the poor are helped by either WTO or FTAA. Either version reduces poverty and inequality, and the changes are especially significant under the WTO. Clearly the rural poor pay a fairly heavy price for the producer subsidies in developed countries. 2004 2024-10-24T12:42:25Z 2024-10-24T12:42:25Z Working Paper https://hdl.handle.net/10568/155676 en Open Access application/pdf International Food Policy Research Institute Morley, Samuel; Piñeiro, Valeria. 2004. The effect of WTO and FTAA on agriculture and the rural sector in Latin America. DSGD Discussion Paper 3. https://hdl.handle.net/10568/155676
spellingShingle wto
trade liberalization
prices
employment
poverty
rural population
urban population
subsidies
Morley, Samuel
Piñeiro, Valeria
The effect of WTO and FTAA on agriculture and the rural sector in Latin America
title The effect of WTO and FTAA on agriculture and the rural sector in Latin America
title_full The effect of WTO and FTAA on agriculture and the rural sector in Latin America
title_fullStr The effect of WTO and FTAA on agriculture and the rural sector in Latin America
title_full_unstemmed The effect of WTO and FTAA on agriculture and the rural sector in Latin America
title_short The effect of WTO and FTAA on agriculture and the rural sector in Latin America
title_sort effect of wto and ftaa on agriculture and the rural sector in latin america
topic wto
trade liberalization
prices
employment
poverty
rural population
urban population
subsidies
url https://hdl.handle.net/10568/155676
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