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The EC's Common Agricultural Policy (CAP) tends to restrict imports of farm produce to that part of demand which is not met by domestic production. The author analyses nature and extent of the problems arising therefrom for the LDCs that are heavily dependent on exports of agricultural goods.
Persistent link: https://www.econbiz.de/10011588040
Government intervention in developing countries has often been biased towards the support of urban industries and the urban population. The resulting distortions in exchange rates and in the prices of the factors of production have had serious detrimental effects on rural areas. A gradual...
Persistent link: https://www.econbiz.de/10011551004
Agricultural price policies are under closer review now in many developing countries. There is a growing tendency to rely more on market forces. What impact have agricultural price policies had on the performance of the agricultural sector in developing countries until now?
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Development failures are less the result of "natural" short-comings, but are caused instead by false conceptions and by the misapplication of experience from highly-developed economic systems to countries in the initial development stage. The following article points out the pit-falls and...
Persistent link: https://www.econbiz.de/10011553228
The European Community has frequently been blamed for impairing, through its highly protectionist agricultural policy, the development chances of Third World countries. Our article analyses whether, and to what extent, this reproach is justified.
Persistent link: https://www.econbiz.de/10011553259
Until the middle of 1972, general optimism in assessing food supplies for the world was widespread. But since then, a more conservative view and a certain uncertainty in forecasting prospects have replaced the former high hopes. One of the crucial reasons for this change have been developments...
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