The recent crisis in global financial markets has brought into question reliance on markets to determine the conduct of economic affairs and generated pressure for greater regulation and government control. Neither a neoliberal nor a neoregulatory approach is likely to be able to solve pressing...

The producer support estimate calculated by the OECD is widely misused as an indicator of distortions created by agricultural policies. In this paper we demonstrate rigorously that a change in the relative (percentage) PSE is not an accurate indicator of the implications of policy reform for...

A new round of trade negotiations under the World Trade Organization (WTO) was launched in 2001. One of the major aims of the Doha Development Round is to reduce agricultural protection and impose greater discipline on domestic agricultural subsidies, particularly those that are the most trade...

We examine current rice policies in four major Asian countries (China, Japan, Korea, and Taiwan), their relationship to current WTO disciplines, and to those proposed under the Doha negotiations. WTO disciplines have prompted some changes in rice policies, but disciplines of domestic support are...

Agriculture has been the unruly horse of the GATT/WTO system for a long time and efforts to halter it are still ongoing. This Research Handbook focuses on aspects of agricultural production and trade policy that are recognized for their importance but are often kept out of the limelight, such as...

When the World Trade Organization (WTO) was created in 1995, its members committed themselves to a set of disciplines for domestic support, market access, and export competition for agriculture. The Agreement on Agriculture laid the way for the pursuit of progressive reductions in world...

The U.S. fuel ethanol industry has experienced phenomenal growth in recent years, with roughly a 3.6-fold increase in ethanol production since 2005 (RFA, 2012). A fuel blender’s credit (the Volumetric Ethanol Excise Tax Credit), a secondary tariff on imported ethanol, and mandatory use of...

Agriculture makes a significant contribution to Norway’s emissions of greenhouse gases (GHG). Although the sector accounts for only 0.3 per cent of GDP, it accounts for roughly 9 per cent of total GHG emissions. Norwegian agriculture is dominated by livestock production; ruminants (cattle and...