Few years ago, the widely shared view was that low food prices were a curse to developing countries. The dramatic increase in food prices in 2006-2008 appears to have fundamentally altered this view. The vast majority of analyses and reports in 2008 and 2009 state that high food prices have a...

There is no consensus about how globalisation – trade and foreign investments – affects poverty reduction. Using household survey data, this study contributes to the empirical literature on globalisation and poverty by analysing the household-level implications of increased foreign...

We develop a formal model of EU decision-making on the Common Agricultural Policy (CAP). The model is used to evaluate under what conditions CAP reform occurs and what the influence of the European Commission (Commission) is on CAP reform. We find that the voting and amendment rules in the...

Static political economy studies show that under-investment in public research may result because of income distributional effects--which induce opposition from groups adversely affected--and that compensation policies can mitigate opposition to public research. This paper explores the...