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The increase in world grain production in the past half-century was unparalleled in the history of the world. In that same period, the absolute increase in the world's population exceeded that of all previous history--it more than doubled. The supply of grain more than kept up with the rapid...
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World food institutions include the whole range of policies and programs that affect the production and distribution of food, including national programs as well as those of an international nature. Trade liberalization, both international and intranational, can contribute significantly to the...
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Because of the low income elasticity of demand for farm products and the ability of farmers to increase labor productivity, economic growth requires that farm employment decline if farmers are to share in the benefits of such growth. In 1952 approximately 84 percent of China's workers were...
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In World Agriculture in Disarray I argued that the result of government intervention in agriculture would be to increase the costs of farm policies to taxpayers and consumers and to restrict agricultural trade. A review of the current situation in world agriculture confirms these projections....
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