Tashi Kaul


Before providing an overview of the current situation, Section I of this Essay examines past trends in the world agricultural trade in order to demonstrate how the share of the world's agricultural trade from developing and least-developed countries has stagnated compared to those of the industrialized countries. Section II discusses the factors which have led to this stagnation, including one of the most significant factors — the use of export subsidies, as exemplified by CAP. Section III analyzes the implications of eliminating such protectionism for NFIDCs, which form the main focus of this Essay. Section IV briefly addresses the implementation of the Uruguay Round mandate for removal of export subsidies in industrialized countries. Finally, this Essay concludes by recapitulating the main arguments and analysis within this Essay and offers policy recommendations based on these conclusions.