This study provides an economic and econometric analysis of agriculture in the economic cycle, with special reference to the recent experience of Brazil. Part One of the paper discusses the economic theory and points to the relevance of classical texts for analysis of agriculture's role in the...

La globalizacion ha venido ocurriendo desde hace cientos de anos y, con el tiempo, se ha acelerado. Puede ser juzgada bajo muchos criterios, pero sin duda el mas importante es el desarrollo en todas sus formas y, en particular, la reduccion de la pobreza. Este libro proporciona una comprension...

This paper investigates the application of the principle of comparative advantage to policy analysis and policy formulation. It is concerned with both the theory and the measurement of comparative advantage. Despite its central role in economics, the theory is found to be at an impasse, with its...

• Trade barriers seriously distort patterns of international trade, allocation of resources, and economic growth. The total economic costs of the barriers are estimated to exceed $475 billion per annum • Partial reform, such as envisaged in the Uruguay Round, would yield benefits of $195...