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The current American and European mutual accusations of agricultural protectionism are an obvious case of the pot calling the kettle black. What series of events led up to this confrontation? And how can the conflict situation be eased?
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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.
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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...
Persistent link: https://www.econbiz.de/10011558303
Central to the following discussion is the assertion that a foreign trade policy which maximizes the static efficiency gains from trade may result in reduced dynamic or X-efficiency and thus impair a developing country’s development potential. The dominant view of the relation between...
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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?
Persistent link: https://www.econbiz.de/10011548291
The world markets for agricultural products are in a state of crisis. This is manifested in phenomena such as record surpluses, falling incomes for farmers and constantly increasing agricultural expenditure in a number of industrial countries while, at the same time, people go hungry in many...
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