Development Box

Development box in Global Commerce Policy

In this regard, development box is: a proposal for an amendment to the WTO Agreement on Agriculture made by the Like-minded Group of Developing Countries in 2000. The main aims of the development box would be (a) to protect and enhance domestic food production, (b) to sustain and enhance employment, (c) to allow flexible support for small farmers, (d) to protect poor farmers from subsidized imports and harmful fluctuations in import prices and quantities, and (e) to promote improved internal distribution and exports of surplus production. Proponents of the development box argue that it would give developing countries more effective means to promote rural development, food security and alleviation of poverty. See also amber box, blue box, green box and food security box.[1]

Development boxin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Development box” entry (OAS)

See Also