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| Goodloe, Carol. |
| The operations of the Canadian Wheat Board (CWB), a state trading enterprise, have generated controversy over the years, partly because of an alleged lack of transparency in its operations. This study examines one aspect of operations that is not well understood - the government guarantee of CWB borrowings and export credit sales. This special privilege allows the CWB to generate a "financial cushion", or non-market based revenue, that it can use to enhance returns to producers, discount export prices, or pay administrative expenses. Although recent WTO dispute settlement decisions concluded the CWB does not act inconsistently with some WTO rules, the July 31, 2004 WTO Doha Round framework agreement addresses these potential trade-distorting practices of... |
| Tipo: Journal Article |
Palavras-chave: Canadian Wheat Board; Financial cushion; State trading enterprise; World Trade Organization; International Relations/Trade. |
| Ano: 2004 |
URL: http://purl.umn.edu/23899 |
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| Goodloe, Carol. |
| The operations of the Canadian Wheat Board (CWB), a state trading enterprise, have generated controversy over the years, partly because of an alleged lack of transparency in its operations. This study examines one aspect of operations that is not well understood the government guarantee of CWB borrowing and export credit sales. The CWB is able to take advantage of this special privilege to generate a financial cushion, or non-market based revenue, that it can use to enhance returns to producers, discount export prices, or pay administrative expenses. Current WTO negotiations should build on U.S. and EU proposals on STEs and export credit guarantees to address potential trade-distorting practices of STEs such as the CWB. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Canadian Wheat Board; Financial cushion; State trading enterprise; World Trade Organization; Agricultural and Food Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/29160 |
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