Document Type

Article

Publication Date

1-15-2008

Keywords

farm bill, budget deficit, international trade agreements, agricultural policy

Abstract

We assess the extent to which national budget considerations, international trade negotiations, and domestic political deliberations affect the potential development of an omnibus farm bill, which may be signed into law in 2008. With no successful conclusion of the Doha Development Round of trade negotiations in sight, U.S. legislators appear unable to make politically unpopular decisions on domestic farm policy reform. However, the absence of an international trade agreement does not reduce the need for the U.S. to comply with previous agreements.

Comments

Copyright 2008 by Qasmi, and Van der Sluis. All rights reserved.

Publisher

Department of Economics, South Dakota State University

Series Number

2008-1

Number of Pages

20

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