In developing countries across Asia, food marketing parastatals have played an important role in agricultural policy, especially with regard to government efforts to stabilize food prices. Three broad market failures constitute the primary arguments for this form of government intervention: a...

The World Trade Organization’s Doha Round of trade talks has been plagued by a lack of concrete progress toward establishing a fair and harmonious agricultural trading system. Because the results of the Doha Round could have far-reaching implications for the trade and economic prospects...

"For more than six years the trade talks of the World Trade Organization (WTO) have been stalled, mainly on account of differences in countries' levels of ambition for reducing support to and protection of agriculture. The expiration of the U.S. president's trade negotiating authority on June...