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"For decades the world's agricultural markets have been highly distorted by national government policies, but very … restrictiveness indexes. It then exploits a global agricultural distortions database recently compiled by the World Bank to generate … a sample of 75 countries that together account for more than three-quarters of the world's production of those …
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"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional … sector policies are generated without a formal model of global markets or even price elasticity estimates. "--World Bank web …
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results support the conclusion from earlier studies that there is a need for stronger World Trade Organization disciplines on …
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For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world … prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world … classifying themselves at the World Trade Organization as developing account for only 3 percent of world rice consumption. But it …
Persistent link: https://www.econbiz.de/10012976030
Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing...
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