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Despite reforms over the past quarter-century, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as the nominal rate of assistance and consumer tax equivalent provide measures of the degree of intervention, but they...
Persistent link: https://www.econbiz.de/10009444616
For decades, agricultural price and trade policies in Sub-Saharan Africa hamperedfarmers’ contributions to economic growth and poverty reduction. While there hasbeen much policy reform over the past two decades, the injections of agriculturaldevelopment funding, together with on-going regional...
Persistent link: https://www.econbiz.de/10009445996
Trade negotiators and policy advisors are keen to know the relative contribution ofdifferent farm policy instruments to international trade and economic welfare.Nominal rates of assistance or producer support estimates are incomplete indicators,especially when (especially in developing...
Persistent link: https://www.econbiz.de/10009445998
A decline in governmental distortions to agricultural and other trade since the 1980s hascontributed to economic growth and poverty alleviation globally. But new modeling resultssuggest that has taken the world only three-fifths of the way towards freeing merchandisetrade, and that farm policies...
Persistent link: https://www.econbiz.de/10009446057
Persistent link: https://www.econbiz.de/10011752737
The global database developed as an integral part of the World Bank's research project on Distortions to Agricultural Incentives, which is publicly available at www.worldbank.org/agdistortions, provides around 30,000 estimates of nominal rates of assistance to agricultural industries (NRAs) and...
Persistent link: https://www.econbiz.de/10005014822
This paper summarizes a new database that sheds light on the impact of trade-related policy developments over the past half century on distortions to agricultural incentives and thus also to consumer prices for food in 75 countries spanning the per capita income spectrum. Price-support policies...
Persistent link: https://www.econbiz.de/10005014823
For decades, earnings from farming in many developing 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...
Persistent link: https://www.econbiz.de/10009642971
National barriers to trade are often varied to insulate domestic markets from international price variability. This paper explores the extent of that behavior by governments using estimates of agricultural price distortions in 75 countries. Newly estimated price transmission elasticities are...
Persistent link: https://www.econbiz.de/10008692306
AustraliaÂ’s lacklustre economic growth performance in the first four decades following World War II was in part due to an anti-trade, anti-primary sector bias in government assistance policies. This paper provides new annual estimates of the extent of those biases since 1946 and their...
Persistent link: https://www.econbiz.de/10008693057