This paper examines the extent to which various regions, and the world as a whole, could gain from multilateral trade reform over the next decade. The World BankÂ’s LINKAGE model of the global economy is employed to examine the impact first of current trade barriers and agricultural...

This paper examines whether the Sub-Saharan African economies could gain from multilateral trade reform in the presence of trade preferences. The World BankÂ’s LINKAGE model of the global economy is employed to examine the impact first of current trade barriers and agricultural subsidies, and...

A multi-sectoral partial equilibrium model of the markets for two types of Australian grapes and wine (premium and non-premium) is developed to study the aggregate returns from different types of research and promotion investments by the industry and their distribution across actors in the...

This paper provides new estimates of the global gains from multilateral trade reform and their distribution among developing countries in the presence of trade preferences. Particular attention is given to agriculture, as farmers constitute the poorest households in developing countries but the...

The first generation of genetically modified (GM) crop varieties sought to increase farmer profitability through cost reductions or higher yields. The next generation of GM food research is focusing also on breeding for attributes of interest to consumers, beginning with ‘golden rice’,...

Economists have influenced the trade policy agenda for establishing multilateral trade rules, disciplines and procedures and for negotiating MFN and preferential reductions in trade barriers and subsidies, in addition to affecting the agenda for unilateral policy reform. These roles are...

Phasing out distortionary government subsidies and barriers to international trade will yield extraordinarily high benefits relative to any adjustment costs, notwithstanding the considerable reforms that have already taken place over the past two decades. This paper surveys recent estimates,...