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. This contrasts in trends reflects the real devaluation of the rupee after 1986 but meant that by the early 1990s, at world … sugar prices of US 13-15 cents a pound or higher, India's domestic prices were roughly equivalent to, or below, world … reference prices. Because of the fluctuations in world free market prices, nominal protection of sugar and sugarcane production …
Persistent link: https://www.econbiz.de/10012971046
Agricultural markets in OECD countries have long been highly distorted by government policies. Traditional weighted average aggregates of the price distortions involved, such as producer and consumer support estimates can be poor indicators of the trade restrictiveness and economic welfare...
Persistent link: https://www.econbiz.de/10012976396
recent studies. This solution makes the simple model consistent with the complicated decisionmaking process in real world …
Persistent link: https://www.econbiz.de/10014060085
This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …
Persistent link: https://www.econbiz.de/10012833536
results support the conclusion from earlier studies that there is a need for stronger World Trade Organization disciplines on …
Persistent link: https://www.econbiz.de/10012972865
This survey concludes that including agriculture in the Doha Agenda negotiations was important both economically and politically, although the political resistance to reform is particularly strong in this sector. While agriculture accounts for less than 10 percent of merchandise trade, high and...
Persistent link: https://www.econbiz.de/10012974834
as a result affect world prices for the specific products concerned. Market failures and market structures (market power …
Persistent link: https://www.econbiz.de/10012975528
the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing …
Persistent link: https://www.econbiz.de/10012976094
-- the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade … to raise their import restrictions when international prices slump. To date there is no parallel discipline in the World … through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous price …
Persistent link: https://www.econbiz.de/10012976237
Earlier research showed that during the 1980s and 1990s most of the global agricultural trade expansion took place among the industrial countries and among countries within trade blocs. These were also periods of declining agricultural prices. These prices increased during the 2000s, there were...
Persistent link: https://www.econbiz.de/10012976537