Agriculture, Price Stabilisation and Trade Rules, A Principled Approach (World Trade Institute Advanced Studies)

In Agricultural Price Stabilisation and Trade Rules Irene Musselli offers a fresh look at the tool box of managed trade in agricultural commodities and develops new and refined solutions that take into account the legal role of equity and of graduation. Intro -- Agriculture, Price Stabilisation and Trade Rules: A Principled Approach -- Copyright -- Dedication -- Contents -- Series Editor Foreword -- Preface -- Acknowledgements -- List of Abbreviations -- 1 Introduction -- 1.1 Scoping the Research -- 1.2 Agricultural Price Stabilisation: Why Does It Matter -- 1.2.1 The Inherent Volatility of Agricultural Commodity Prices -- 1.2.2 Socio-economic Costs of Agricultural Price Volatility in Poor Countries -- 1.2.3 The Need for Regulatory Responses -- 1.3 Research Design and Method -- 1.3.1 Research Outline -- 1.3.2 Interdisciplinary Aspects and Legal Approaches -- 1.3.3 Information Sources -- 1.4 Reach of This Inquiry -- 2 Setting the Stage: Key Concepts and Issues -- 2.1 Agricultural Price Stabilisation: Unpacking the Notion -- 2.1.1 Agricultural Commodities -- 2.1.2 Agricultural Price Instability -- 2.1.3 Assessment -- 2.2 Agricultural Price Stabilisation Arrangements: An Overview -- 2.2.1 International Schemes -- 2.2.2 Domestic Schemes -- 2.2.3 Assessment -- 2.3 Agriculture, Price Stabilisation and Trade Rules: Seizing the Interface -- 2.3.1 The Regulatory Framework -- 2.3.2 International Schemes -- 2.3.3 Domestic Arrangements -- 2.3.4 Assessment -- 3 A Historical Review of Multilaterally Agreed Criteria for Action on Commodity Prices (1947-1989) -- 3.1 A Descriptive Account: Havana, Geneva and Nairobi -- 3.1.1 The Havana Charter Framework -- 3.1.2 GATT Discussions (1954-1955 Review Session) -- 3.1.3 UNCTAD's IPC (1964-1989) -- 3.2 Objectives and Principles of Multilateral Action on Commodity Prices -- 3.2.1 A Textual and Contextual Reading -- 3.2.2 State Practice and Attitudes -- 3.2.3 Assessment -- 4 From Market Intervention to Free Trade and Back to Managed Trade? (1989-2011) -- 4.1 The Market-based Interlude (1989-2007) -- 4.1.1 The 'Neoliberal' Agenda: Trade Policy Implications In 'Agriculture, Price Stabilisation and Trade Rules', Irene Musselli offers a comprehensive doctrinal and historical analysis of stabilisation tools and approaches in agriculture. Using her extensive practical experience in the field, she takes up the interface of the tools discussed with trade rules and offers the first comprehensive analysis of WTO rules from the perspective of stabilisation policies. This volume offers a fresh look at the tool box of managed trade in agricultural commodities and develops new and refined solutions that take into account the legal role of equity and of graduation. Musselli offers new insights and is able to invigorate a debate caught in overly ideological entanglements between market oriented and interventionist schools