Agricultural trade reform is critical to a favourable development outcome from the Doha Development agenda. But agricultural policies and the policy reforms being contemplated are fiendishly complicated, and the devil is in the details. This study builds up from the essential detail of the tariffs and other protection measures, and uses this information to provide an analysis of the big-picture implications of proposed reforms. The study highlights the risk that the potentially-large gains will be lost through excessive flexibilities and exceptions.

'This timely and competent volume shows that it makes good economic sense to remove 'with ambitious reform' the biggest stumbling block for a successful Doha Round, namely agricultural protectionism.' - Ernesto Zedillo, Director, Yale Centre for the Study of Globalization, Former President of Mexico

'It contains the most complete and up to date analysis of the range of agricultural issues in the multilateral trade negotiations underway in the World Trade Organization (WTO), and should prove enormously useful to policymakers,businessmen, and academics in developing and assessing the negotiating options.' - Jeffrey J. Schott, Senior Fellow, Institute for International Economics

PART 1: SETTING THE SCENE
Agriculture, Trade Reform, and the Doha Agenda; W.Martin & K.Anderson
What's at Stake: The Relative Importance of Import Barriers, Export Subsidies and Domestic Support; T.W.Hertel & R.Keeney
Special and Differential Treatment for Developing Countries; T.Josling
PART 2: AGRICULTURAL MARKET ACCESS
Consequences of Alternative Formulas for Agricultural Tariff Cuts; S.Jean, L.Fontagné & W.Martin
Reducing Tariffs Versus Expanding Tariff Rate Quotas; H.de Gorter & E.Kliauga
Is Erosion of Tariff Preferences a Serious Concern? A.Bouët, L.Fontagné & S.Jean
PART 3: EXPORT SUBSIDIES AND DOMESTIC SUPPORT
Removing the Exception of Agricultural Export Subsidies; B.Hoekman & P.Messerlin
Rethinking Domestic Support Disciplines; C.E.Hart & J.C.Beghin
Consequences of Reducing AMS Limits; H.G.Jensen & H.Zobbe
Reducing Cotton Subsidies: The DDA Cotton Initiative; D.A.Sumner
PART 4: DOHA REFORM SCENARIOS
Holograms and Ghosts: New and Old Ideas in Agricultural Policies; D.Orden & E.Diaz-Bonilla
Market and Welfare Implications of Doha Reform Scenarios; K.Anderson, W.Martin & D.van der Mensbrugghe

KYM ANDERSON is Professor of Economics and Executive Director of the Centre for International Economic Studies at the University of Adelaide in Australia, but since mid-2004 he has been on extended leave at the World Bank's Development Research Group in Washington DC as Lead Economist (Trade Policy). His latest edited volume is on The WTO and Agriculture (with Tim Josling), and two earlier books on agricultural trade policy are Disarray in World Food Markets: A Quantitative Assessment (with Rod Tyers) and The Political Economy of Agricultural Protection (with Yujiro Hayami).

WILL MARTIN is Lead Economist and Acting Manager of the Trade Team in the Development Research Group of the World Bank. He has written extensively on trade and development issues, and particularly the role of the WTO. Together with L. Alan Winters, he edited a key volume on the implications of the Uruguay Round for developing countries, and he recently published a study of the effects of China's accession to WTO for China's economy and for poverty reduction.