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current system of commitments boosts trade by between 10 and 30 percent, compared with a world where at any moment tariffs …
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This paper presents new high-frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The data set reveals a rapid...
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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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