Rapid economic growth in China has boosted its demand for commodities. At the same time, many commodity sectors have experienced declining demand from high-income northern economies. This paper examines two hypotheses of the consequences of this shift in final markets for the organization of...

In 1987 the European Community began the ambitious task of forging a single market for goods and services across the national borders of its member states by 1992. Substantive reform of the Community's Common Agricultural Policy - necessary for the full integration of existing markets - has not...

The European Community (EC) grain exports increased significantly over the last three decades. The EC's Project 1992 will abolish internal trade barriers to facilitate the movement of goods, persons, services, and capital between member countries. One aspect of the program is elimination of...

Since the early 1980s, dramatic changes in export commodity markets, shocks associated with resulting price declines, and changing views on the role of the state have ushered in widespread reforms to agricultural commodity markets in Africa. The reforms significantly reduced government...

Fluctuating prices for raw jute have been viewed as contributing to economic problems in the jute subsector. Price fluctuations were thought to reduce the jute farmers'welfare and there has been concern about the costs of parastatals'stocking operations in attempts to stabilize jute prices and...

In July 1991, India embarked on a program of economic decontrol that greatly speeded the previously slow process of liberalizing trade and domestic regulatory controls begun in 1978. But the focus of reform has been on manufacturing. Reform has barely touched agriculture, which accounts for...

This paper is the first in a series of studies to provide background data and protection and incentive indicators for 13 major Indian crops, which have been estimated in connection with extensive research on Indian agricultural incentives. The general methodology of the studies is described in...

Ex-post simulations of the global coffee model over the recent period of operation of the International Coffee Agreement's export quota system, (1981-86) show the following. The quota system had a stabilizing effect on world coffee prices in the 1981-85 period. In 1986, when coffee prices...

Sharp fluctuations in the export prices of a major staple commodity can have jarring effects on economic activity. To reduce these undesirable effects and at the same time, increase the government's share in the proceeds of the booming sector, developing countries can funnel the revenue from...