China’s agricultural and trade policies have been shifting despite little change in policy objectives. This paper investigates potential implications of recent agriculture policies applied in China, and quantitatively analyzes their impacts on domestic and international commodity markets....

The classic dual economy models of developing countries hold minimum wages (among other institutions) accountable for persistent dualism. They note that applying or enforcing minimum wage laws in only one sector of the economy will create wage differentials which will not be eroded with labor...

This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings among workers covered by minimum wage legislation as well as those for whom it does not apply (the uncovered sector) in Costa Rica. This country’s large uncovered sector and...

The development of genetically modified (GM) agricultural products requires new policies to manage potential food safety and environmental risks. The policy positions taken to date on GM foods by the United States and the European Union are very different. The US has few restrictions on...

International negotiations for an agreement to reduce the emission of greenhouse gases are unlikely to produce concrete and comprehensive policies for effective emission reductions in the near term, not least because the policy measures being considered are economically very costly to major...