This article explores the similarities, differences, and implications from the 1970s–1980s experience for the macroeconomic dynamic that may arise from the 2008 price spike and subsequent recession. Role of monetary policy (deviations from Taylor rule) is assessed. This is an argument...

We examine policy implications of including rural viability to the notion of multifunctional agriculture. We assume that rural viability refers predominantly to the number of people living in rural areas to keep the infrastructure and living conditions at good state for a good life. The economic...

The current wave of volatile international oil process coupled with the low hydro-energy generation continues to exert negative impacts on the Ugandan economy. This paper analyzes the extent to which changes in energy prices affect the economy and examines policy options that can be undertaken...

This paper examines the effect of labor organization on integrated pest management (IPM), using cross section data collected from a participatory farming system survey of 157 durian growers in Chanthaburi, Thailand, in 2005. In contrast to many studies of IPM adoption, this work uses the form of...

Using 2002/03 and 2005/2006 nationally representative household surveys, poverty headcount index declined from 38.8% respectively. The corresponding poverty gap ratio declined from 11.9% to 8.7%. While all Ugandans enjoyed an increase in consumption between the sample periods, the rate of growth...

Circular economy is an effective development pattern to balance economic growth, social development and environmental protection. Based on apprehending the connotation of circular economy, this paper fully considers and studies on the future trends in this area according to the theory of...

This article analyzes the various components of the current financial crisis and its implications for agriculture. While financial markets have been overrun by steep losses, violent price movements, and irrationality associated with a classic bubble, agricultural markets still have sound...

This paper analyzes the relationships between bilateral trade and economic growth in the U.S. and Korean economies. Using quarterly data from 1990 to 2008, the theoretical procedures utilize Ordinary Least Square (OLS) and Seemingly Unrelated Regression (SUR) models under the static model...

Agricultural price volatility is "bad". But where does it come from? Remedies are completely different for "endogenous" or "exogenous" fluctuations. The recent crisis seems to indicate that exogenous remedies have been applied to endogenous fluctuations.

We examined four evolution paths of the biofuel sector using a partial equilibrium world agricultural sector model in CARD that includes the new RFS in the 2007 EISA, a two-way relationship between fossil energy and biofuel markets, and a new trend toward corn oil extraction in ethanol plants....