This paper analyzes two potential trade liberalization scenarios – a Free Trade Area of the Americas (FTAA) and possible links between MERCOSUR and the European Union (EU) – in a world computable general equilibrium (CGE) model. The model also incorporates some macro elements such as a cash-...

This paper analyzes the wheat market in South America, with a focus on MERCOSUR. It argues that wheat markets in South America have undergone significant changes over the last decade, driven by the world macroeconomic and agricultural cycle of the last quarter of the century, as well as specific...

This paper presents an overview of macroeconomic and agricultural trends in Latin America and the Caribbean. It argues that world-level macroeconomic and agricultural cycles, of expansion during the 1960s and 1970s, and stagnation and retrenchment during the 1980's, had an important impact on...

This paper attempts to project the future supply and demand up to the year 2025 for rice and wheat, the two main cereals cultivated and consumed in India. A review of studies that forecast the supply and demand of Indian agriculture commodities revealed three important limitations of such...

This study examines the existing status, policies, and institutions for promoting agricultural output in Nepal, in particular cereals. In this context, it reviews the policies on agricultural input such as seed, fertilizer, water, agricultural equipment, research and extension, and agricultural...

" Indonesian economy has experienced some major changes during the last three decades and transformed from a predominantly agricultural economy to one that relies more heavily on its non-agricultural sector. Within agriculture, there has also been a change in the contribution of different sub...

"Although there is little consensus on the impact of trade liberalization on poverty and food security, it is nevertheless widely acknowledged that there is a need for governments to establish safety-nets to guard against any potentially harmful effects on the poor and vulnerable sections of...

The Uruguay Round Agreement on Agriculture attempted to lower distortions in the global agricultural markets. However, the significant fall in commodity prices in late 1990s may have reduced the incentives for both developed and developing countries to better integrate into the world markets....

"Rising per capita income, urbanization and globalization are changing the consumption basket in the developing countries towards high-value commodities (like fruits & vegetables, milk, meat, poultry, fish, etc.). This paper explores how smallholders can benefit from the emerging opportunities...

Rice is the lifeline of almost 70% of the world's poor residing in Asia, where more than 90% of world rice production and consumption takes place. Rice trade liberalization therefore has tremendous implications for poverty. The world rice market is highly distorted, partly because of the high...