Valuing GIs: Their pros and cons

The available evidence presented here, and in other papers reviewed but not cited for this book, indicates that GIs have clear and positive characteristics that can make them valuable assets for any country. Yet, they are not an easy achievement and in some situations, they simply are not feasible. If they are not at least a commercially viable proposition then producers will not be interested. Josling and other experts caution that pursuing a GI strategy will not be the optimal answer in a number of cases. In other words, resolving many business and rural development issues will require other, more basic, interventions ranging from institutional or organizational strengthening to quality or food safety practices. In some cases, the returns may not warrant the substantial investments required for a GI.

Related Subject(s): International Trade and Finance
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