Roadmap
   Analyzing the 2008 market access 
   reforms
    How we represent the formulas & 
    flexibilities
   Implications for tariffs levied & faced
   Implications for real incomes
     The Tiered Formula for Agric MA
                        Developed           Developing
      Tier           Range, %   % Cut    Range, %    % Cut
      I                0-20      50        0-30       33.3
      II              20-50      57       30-80        38
      III             50-75      64      80-130       42.7
      IV               >75       70       >130        46.7
      Average cut      Min       54        Max         36
 The Tiered Formula in Agriculture
      Add in deeper cuts
     Tariff Escalation  Processed products 
     Products            subject to tariff escalation 
                         are moved up a tier. Top 
                         tier– add 6% pts
     Tropical &             Short  product list
     diversification        Tariffs ≤ 10  0
     products                     10-75, cut by 70%
                                     75, cut by 78% 
   Country flexibilities
       Least Developed Countries
         No cuts required. Increase NAMA bindings
       Small & Vulnerable Economies (SVEs)
          • Agric cuts 10% pts less in each tier or average-cut of 
           24%
          • NAMA: bind at an average tariff of 30% or lower
       Recently-Acceded Members (RAMs) agric
          • Cuts reduced by 8% pts in each band
          • Zero cuts below 10%
          • 1/10th more Special Products
       Para 6 Countries (NAMA only)
          • <35% of tariffs bound
          • No cuts but must bind most tariffs