The book argues that the viability of many observed market and non-market interventions in various countries in agricultural products depends considerably on the underlying behaviour of the relevant commodity markets. Many of these policies have had distortive impacts, resulting in much...

This comment to the article by de Janvry and Sadoulet highlights the prospects for developing and least developed countries in world food markets. The Author puts the recent agricultural price developments in perspective and suggests what trade policies ought to be implemented to enhance...

[eng] The EC has a significant impact on world agricultural markets because of its size. Protective CAP policies have tended to depress and destabilize world market prices. The empirical evidence reviewed suggests that these effects are significant, and that developing countries are affected,...

The paper first reviews the meaning and causes of globalization. It indicates that globalization is not a new phenomenon in history, but the current phase seems to have new elements that did not exist previously. Regarding the consequences of the various aspects of globalization at the national...

We estimate rural household income uncertainties and welfare changes due to commodity price and production variability in Ghana and Peru under different scenarios for international and domestic market shocks. Uncertainties significantly affect the variability of household income, especially for...