Upward spikes in international food prices lead some food-surplus countries to raise export barriers and some food-deficit countries to lower their import restrictions on staple foods – and conversely when prices slump. When many countries so respond, their actions in aggregate exacerbate...

For decades, earnings from farming in many low-income 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...

The recent acceleration of regional and global integration of national economies has brought with it greater scrutiny of domestic policies that affect the competitiveness of industries in the international marketplace. Simultaneously, concerns about resource depletion and environmental...

Rapid growth in Asia’s emerging economies has boosted export earnings of resource-rich economies over the past decade. Will those high growth rates continue, and how will structural changes in Asia alter the relative importance of their imports of primary products? This paper projects...

Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of gravity away from the north Atlantic, raising the importance of Asia in world trade but also altering the commodity composition of trade by Asia and other regions. What began with...

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 has had the opposite impact on those terms of trade....

The commonly held view that agricultural-exporting developed countries would lose from agricultural growth in less-developed countries (LDCs) is shown to be based on an incomplete argument. It considers only the effects on LDC agricultural supply, or at best only that and the firstround effects...

Revision of a paper presented at the IATRC/IAAE Pre-Congress Symposium on Globalization, Macroeconomic Imbalances, and South America as the World’s Food Basket, Foz do Iguaçu, Brazil, 18 August 2012.