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Honors Project - Open Access


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The international community witnessed a self-proclaimed 'historical breakthrough'at the World Trade Organization (WTO) in late Summer 2004 as a framework was created to eliminate all export subsidies and reduce domestic subsidies and tariffs respectively. While many hailed this step as a major victory for developing nations, others have been cautious on the 'success'of this agreement. This honor thesis evaluates the short- and long-term effects of this framework agreement on the agricultural sectors of the US, South Africa and Mali. The paper first undertakes a historical analysis of what led to this 'victory'for developing nations at the WTO. The paper then focuses on two major crops, cotton and maize, in order to explore the impact of the agreement on poverty alleviation, food security and ecological and economic sustainability. Ultimately, the thesis proposes several policy considerations in order to harvest the 'potential' historical breakthrough in the longrun.

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