During the second half of the eighteenth century, the Ottoman policy-makers adopted a more liberal attitude towards price formation. This was accompanied by the fiscal and administrative centralization of the grain trade. These seemingly contradictory policy changes could, in part, be explained...

This is a modern economic and institutional history of European grain markets. This book examines the markets' early regulation, their poor performance and the frequent market failures. Using insights from development economics and econometrics, Persson also extracts general lessons from this...

Policy, administration and industry need medium-term projections of the expected developments in the agri-food markets for their decision-making processes. The EU Commission presents such projections for the EU as a whole in December of each year. Those projections and their assumptions...