Interventions in sugar markets come about for many reasons. Often the consequences of these policies persist even when the circumstances that motivated them change. Or the underlying problems that motivated past interventions remain even when it's clear that current approaches have failed....

type="main" xml:id="ajar12062-abs-0001" <p>The payoffs and distribution of payoffs from research and development (R&D) along the food value chain depend on many interacting economic factors. To quantify these, we have developed a general equilibrium model of the Australian economy with detailed...</p>