Impacts of current agricultural policies and potential impacts from reform

This chapter explores the impacts of current agricultural domestic support and trade policies on markets and countries along with a number of scenarios looking at both reforms and increases in protection. First, the chapter sets out the modelling approach used in the study. Second, the impacts of current policies on production, trade and the economy are presented. Third, a closer look at the impacts of current policies on individual international agricultural markets and prices is presented. Fourth, the chapter presents possible multilateral reform scenarios, including one of increased protection.