For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world price volatility. This study shows the nature of the...

This review seeks to survey, understand, and reconcile the widely divergent estimates of long-run global crop output, land use, and price projections in the current literature. We review the history of such projections and the different models and assumptions used in these exercises. We then...

This paper has two purposes. It first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes-reductions in import protection or increases in export restraints-were meant to partially insulate...