New Approaches to Agricultural Subsidies and Protection

World agricultural policy needs to be reformed and better disciplined by international organisations. In a recent paper, Valentin Zahrnt took stock of current trends in agricultural standards and argues that the WTO should be empowered to examine the rising use of them. In a new paper, Zahrnt sets out the case for reform of EU’s agricultural subsidies. He calculates the distribution of subsidies in a number of reform scenarios and finds big differences between what many countries would gain or lose from reform and how they position themselves in the reform debate.