In this article the author explores in detail the “unforeseen developments†requirement in the Agreement on Safeguards under the WTO. The author seeks to answer questions such as whether the requirement (i.e., unforeseen developments must be demonstrated in order for safeguard measures...

This volume of proceedings, available as both a hard copy and a pdf file, is an edited compilation of selected contributions to the MACE Conference 2009, held in Berlin, Germany, at the ICC from 14 to 15 January 2009. We would like to thank all those persons and organisations who contributed to...

Decades of Soviet rule have left a heritage of environmental and social problems in Central Asia. The demise of an entire ecosystem at unprecedented pace, the "Aral Sea Syndrome", is the most prominent of the undesired outcomes of the focus on agricultural production that has dominated land and...

Seven trends that emerge in the new global economy will be identified followed by a discussion of how they evolved and what they imply for public policy and for various types of firms and consumers. Some have called it the "brave new world" of food production and consumption. Some dislike what...

The objective of this study was to determine the economic impact on the United States of removing tariff barriers on imports of concentrated orange juice and tomato paste from South America. The study highlighted an agglomeration model of industry location recognizing imperfect competition and...

This study examines the ability of the Canadian Wheat Board (CWB) to price discriminate in bread wheat exports. This study models wheat as a vertically differentiated intermediate good and modifies the model of vertical differentiation by Mussa and Rosen to the realities of wheat import demand....

The purpose of this paper is to analyze the world rice market through a Structure-Conduct-Performance (SCP) framework utilizing annual data from 1970 to 2007. Since World War Two, the world rice market has been very unstable, with rice prices experiencing volatile swings in both rice price and...

This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling...

In the third in depth country study, the Babcock Institute study team discusses India’s dairy sector. India is an interesting case study because it has the world’s second largest population making it the world’s largest milk-producing country. The country’s main system of dairy...

This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty three years and to avoid spurious result, error correction model was...