Impacts of the Uruguay Round on Agricultural Commodity Markets: Implications for Russia

Meyers uses the FAPRI agricultural commodity models to help analyze how the final passage of the GATT agreement will impact Russia, the Newly Independent States (NIS), and Central and Eastern Europe. While there are benefits from the GATT accord, he notes that the GATT agreement cannot be seen as a substitute for the efforts that are needed on developing more efficient production and processing systems, improved marketing infrastructure, and improved quality and diversity of products.