Given global heterogeneity in climate-induced agricultural variability, Tanzania has the potential to substantially increase its maize exports to other countries. If global maize production is lower than usual due to supply shocks in major exporting regions, Tanzania may be able to export more...

There is no consensus about the causes of the reduction in business cycle volatility seen in many major economies over the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic stability has been fostered by improved monetary policy and by...

Protection unconstrained by rules often varies substantially over time. Rules-based disciplines likeOECD industrial tariff bindings negotiated under GATT since 1947 and new Uruguay Roundbindings on agricultural and services trade and on developing country industrial tariffs, constrain...

Most of the large tariff reductions achieved in multilateral tradenegotiations have involved tariff-cutting formulas such as the Swissformula. However, wide variations in initial tariff rates between activeparticipants call for new approaches under the Doha Development Agenda.This paper surveys...

Sub-Saharan African exports of horticultural and processed agricultural products are growing in line with the major shift towards these products in world markets. Continued growth in these exports may be vitally important for expanding returns from African agriculture and for increasing its...

Agricultural trade is vitally important for achieving the goal of ending hunger by 2030 enshrined in the second Sustainable Development Goal (SDG). While trade is frequently seen as posing threats to this vitally important goal, it can in fact play a major role in achieving it. Trade helps in a...

Winegrape production is generally considered riskier in cool-climate regions than in warmer ones, yet more producers are looking to invest in such regions. A commonly stated reason is to hedge against global warming, but is there more to it than that? This note reflects on some other supply-side...

For millennia alcoholic drinks have played an important role in food security and health (both positive and negative), but consumption patterns of beer, wine and spirits have altered substantially over the past two centuries. So too have their production technologies and industrial organization....