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We assess the literature on public and private quality standards and their impact in food markets, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with special attention to the North-South context. We also...
Persistent link: https://www.econbiz.de/10013027170
This article reviews key recent literature on the effects of trade liberalization on poverty in developing countries and asks whether our knowledge has changed significantly over a decade. The conclusion that liberalization generally boosts income and thus reduces poverty has not changed; some...
Persistent link: https://www.econbiz.de/10010951581
The volatility of food prices has always concerned national governments, especially those of open developing economies, as it undermines their perceived national food security. A common policy approach has been to partially insulate their domestic market from international food price...
Persistent link: https://www.econbiz.de/10010951582
For more than a century, government policies have grossly distorted resource use in agriculture, both within and between countries. Earnings from farming in many developing countries have been depressed by a prourban bias in own-country policies as well as by governments of richer countries...
Persistent link: https://www.econbiz.de/10010822989
This survey concludes that including agriculture in the negotiations was particularly important economically. Although agricultural exports are less than 10% of merchandise trade, the high and variable protection in this sector appears to account for the majority of the cost of distortions in...
Persistent link: https://www.econbiz.de/10010823010
Natural resources account for 20% of world trade and dominate the exports of many countries. Policy is used to manipulate both international and domestic prices of resources, yet policy is largely outside the disciplines of the WTO. The instruments used include export taxes, price controls,...
Persistent link: https://www.econbiz.de/10010823024