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For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world price volatility. This study shows the nature of the...
Persistent link: https://www.econbiz.de/10011394934
Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in de/veloping countries, yet global trade in farm products continues to be far more distorted than trade in nonfarm goods. Those distortions reduce some forms of poverty and inequality but...
Persistent link: https://www.econbiz.de/10011394892
This paper has two purposes. It first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes-reductions in import protection or increases in export restraints-were meant to partially insulate...
Persistent link: https://www.econbiz.de/10011395818
Notwithstanding the tariffication component of the Uruguay Round Agreement on Agriculture, import tariffs on farm products continue to provide an incomplete indication of the extent to which agricultural producer and consumer incentives are distorted in national markets. Especially in developing...
Persistent link: https://www.econbiz.de/10010521147
The authors illustrate some of the potential consequences of the World Trade Organization's Doha Round of multilateral trade negotiations on incomes and poverty globally. Using the global LINKAGE model to generate changes in domestic and international prices that have a direct impact on factor...
Persistent link: https://www.econbiz.de/10010522465
This chapter begins with a brief summary of economic growth and structural changes in the region since the 1950s and of agricultural and other economic policies as they affected agriculture before and after the various reforms, and in several cases fundamental regime changes, of the past...
Persistent link: https://www.econbiz.de/10012246900
This paper outlines the methodological issues associated with the task of measuring that actual delivered direct protection or taxation to individual agricultural industries, as well as the direct protection or anti-protection to non-agricultural sectors. It begins with a guide to what elements...
Persistent link: https://www.econbiz.de/10012246909
Reforms in recent decades have sharply reduced the distortions affecting agriculture in developing countries, particularly by cuts to agricultural export taxes and by some reductions in government assistance to agriculture in high-income countries, but international trade in farm products...
Persistent link: https://www.econbiz.de/10012246929
Persistent link: https://www.econbiz.de/10010272069
Persistent link: https://www.econbiz.de/10000954074