Wheat, Europe and the GATT : a political economy analysis

Bibliographic Information

Wheat, Europe and the GATT : a political economy analysis

Peter W.B. Phillips

Pinter, 1990

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Includes bibliographical references and index

Description and Table of Contents

Description

In this study concepts learnt in international political economy are adopted to highlight key security, production, financial and technological power structures. These power structures have transformed the interlocking and overlapping sets of bargains that have determined the European Community's wheat policy current during the Uruguay round of the General Agreement on Tariffs and Trade in progress at the time of writing. Thoughout the 1970s EC wheat price policy concentrated on supporting farm incomes, which neither permitted nor required an active external policy. In the 1980s however, prices were increasingly directed by market conditions. Shifts in the structures surrounding the wheat system had weakened the pan-European farm lobby. A patchwork of new agreements envolved between policy makers, commodity groups and non-farm lobbies, to support an active, rather than defensive, export policy. The implications of this new export orientation for the rest of the world via the Uruguay round of the GATT are examined.

Table of Contents

  • Alternative approaches to policy analysis
  • changing power structures
  • price policy directions
  • price policy proposals
  • price policy debate
  • price policy and national interests
  • price policy decisions
  • trade policy in the 1970s
  • export competition in the 1980s
  • lessons for policy makers. Appendix: wheat prices and agri-monetary rates.

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