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AUSTRALIAN AGRICULTURE AND WORLD COMMODITY TRADING ARRANGEMENTS

AUSTRALIAN AGRICULTURE AND WORLD COMMODITY TRADING ARRANGEMENTS A long period of international discussion and negotiation about new global trading arrangements ended in 1979. Despite changed economic and institutional circumstances, and growing deficiencies in the. existing arrangements for agricultural trade, these negotiations have done little to improve the efficiency with which the world's agricultural resources are used. Rather, they have tended to institutionalise the status quo. This is likely further to disadvantage efficient producers and to lead to a growing bilateralism in trading relationships, with consequent increased politicisation and potential for conflicts and instability. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Australian Journal of Agricultural Resource Economics Wiley

AUSTRALIAN AGRICULTURE AND WORLD COMMODITY TRADING ARRANGEMENTS

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Publisher
Wiley
Copyright
Copyright © 1980 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1364-985X
eISSN
1467-8489
DOI
10.1111/j.1467-8489.1980.tb00576.x
Publisher site
See Article on Publisher Site

Abstract

A long period of international discussion and negotiation about new global trading arrangements ended in 1979. Despite changed economic and institutional circumstances, and growing deficiencies in the. existing arrangements for agricultural trade, these negotiations have done little to improve the efficiency with which the world's agricultural resources are used. Rather, they have tended to institutionalise the status quo. This is likely further to disadvantage efficient producers and to lead to a growing bilateralism in trading relationships, with consequent increased politicisation and potential for conflicts and instability.

Journal

The Australian Journal of Agricultural Resource EconomicsWiley

Published: Dec 1, 1980

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