Hertel, Thomas W.; Martin, Will; Leister, Amanda M. - In: World Bank Economic Review 24 (2010) 2, pp. 330-359
The special safeguard mechanism--both quantity- and price-based--was key in the July 2008 failure to reach agreement in the World Trade Organization negotiations under the Doha Development Agenda. A stochastic simulation model of the world wheat market is used to investigate the effects of the...