Globalization is not new to the world's wine markets, but its influence over the past decade or so has increased … dramatically. This paper reviews the effects of that on both the Old World and New World. In focusing retrospectively on the period … New World and the consequent competitive pressure on the Old World in key import markets. Looking forward, the paper draws …

"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 …

"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 …

The authors illustrate some of the potential consequences of the World Trade Organization's Doha Round of multilateral …