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For decades, earnings from farming in many African countries have been depressed by own-country policies such as export restrictions on cash crop products, as well as by governments of richer countries favoring their farmers with import barriers and subsidies. Both sets of policies have reduced...
Persistent link: https://www.econbiz.de/10008462904
For decades the worldÂ’s agricultural markets have been highly distorted by national government policies, but very differently for different commodities such that a ranking of weighted average nominal rates of assistance across countries can be misleading as an indicator of the trade or...
Persistent link: https://www.econbiz.de/10008462868
Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies? economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
Persistent link: https://www.econbiz.de/10005635162
Agricultural protection in rich countries, which had depressed Australian farm incomes via its impact on Australia's terms of trade, has diminished over the past two decades. So too has agricultural export taxation in poor countries, which had the opposite impact on those terms of trade....
Persistent link: https://www.econbiz.de/10008462866
For decades, earnings from farming in Latin American countries have been depressed by pro-urban and anti-trade biases in own-country policies and by governments of richer countries favoring their farmers with import barriers and subsidies. These policies have reduced national and global economic...
Persistent link: https://www.econbiz.de/10008542625
Persistent link: https://www.econbiz.de/10008542628
Beginning with the WTO's Doha Development Agenda and establishment of the Millennium Development Goal of reducing poverty by 50 percent by 2015, poverty impacts of trade reforms have become central to the global development agenda. This has been particularly true of agricultural trade reforms...
Persistent link: https://www.econbiz.de/10008867997
To what extent has Sub-Saharan Africa's slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices to...
Persistent link: https://www.econbiz.de/10009352223
Every decade or so, food becomes newsworthy globally because of a price spike, either upwards (hurting consumers, as in 1973 and 2008) or downwards (hurting farmers in open economies, as in 1986). Most such price spikes are a consequence of major policy shifts, since local weather-induced supply...
Persistent link: https://www.econbiz.de/10008462873
For decades, earnings from farming in many developing countries have been depressed by a pro-urban bias in own-country policies, as well as by governments of richer countries favoring their farmers with import barriers and subsidies. Both sets of policies reduce national and global economic...
Persistent link: https://www.econbiz.de/10008462878