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Agricultural support is often advocated as a means to national security. This is misguided. At current levels of consumption there is considerable scope for substitution away from food without catastrophic welfare losses, and even in the total absence of imports the United Kingdom could feed...
Persistent link: https://www.econbiz.de/10005662234
After a brief period of liberal agricultural policies, Central and East European (CEE) countries have begun to rely increasingly on price subsidies and trade restrictions. We outline the situation of CEE agriculture and describe current policies. Scarce government funds could be better used to...
Persistent link: https://www.econbiz.de/10005791494
A new round of WTO negotiations on agriculture, services and perhaps some other issues is expected to be launched in late 1999. To what extent should those negotiations include so-called "new trade agenda" items aimed at ensuring that domestic regulatory policies do not discriminate against...
Persistent link: https://www.econbiz.de/10005504672
Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China’s FDI liabilities), these … “short equity, long debt.” Third, China and India have improved their net external positions over the last decade although …
Persistent link: https://www.econbiz.de/10005662395
The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China …
Persistent link: https://www.econbiz.de/10005789139
Using a unique firm level data set from the Chinese manufacturing sector, this paper analyses the impact of production subsidies on firms’ export performance. It documents robust evidence that production subsidies stimulate export activity, although this effect is conditional on firm...
Persistent link: https://www.econbiz.de/10005789202
development. Evidence from the failed Industrial Revolution in 14th-century China illustrates the empirical relevance of the …
Persistent link: https://www.econbiz.de/10005791375
In 1994, China began a profound reform of its state-owned enterprises (SOE). We first describe and characterize this …
Persistent link: https://www.econbiz.de/10005792177
federal centre. The theory is supported by the recent experience of Russia, China, and Argentina. …
Persistent link: https://www.econbiz.de/10005792438
How to sustain cooperation is a key challenge for any society. Different social organizations have evolved in the course of history to cope with this challenge by relying on different combinations of external (formal and informal) enforcement institutions and intrinsic motivation. Some societies...
Persistent link: https://www.econbiz.de/10008468568