Whereas it has been commonplace over the years to describe societies as for example, agrarian or industrial, democratic or totalitarian, socialist or capitalist, it is scarcely surprising that an increasingly popular term today is that of the ‘information society’. In this everyday context,...

Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in developing 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...

Constraints on resources, growth in demand, and a slowdown in agricultural productivity raise concerns that food prices may rise substantially over the next decades. The impacts of such higher prices on the poor and the required mitigating policy responses to this problem remain unclear. This...

Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much...

The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, this paper first compares the OECD and...