In the event of large swings in world food prices, countries often intervene to dampen the impact of international food … intervention of many countries may exacerbate the volatility of world prices. Insulating policies introduced during the 2010 …-11 food price spike may have accounted for 40 percent of the increase in the world price of wheat and one-quarter of the …

summarizes a series of empirical studies that focus on the effects of the remaining distortions to world merchandise trade for … studies are undertaken using the World Bank's Linkage model, one multi-country study uses the Global Trade Analysis Project …

variances are nonconstant and missing data frequently reported as zeros. Monte Carlo analysis based on real-world parameters for …

World commodity markets-and particularly the markets for agricultural commodities-remain highly distorted despite the … wave of liberalization that has swept world trade since the 1980s. Some markets for commodities are characterized by … policy action. Commodity markets are distorted on both the export and the import sides, with serious implications for world …

Recent work on China's accession to the World Trade Organizations pays little attention to the wave of reforms in China …