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Trade and Development : Disarray in World Food Markets: A Quantitative Assessment - Rod Tyers

Trade and Development

Disarray in World Food Markets: A Quantitative Assessment

Paperback Published: 17th February 2011
ISBN: 9780521172318
Number Of Pages: 472

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Why have agricultural policies become more inward-looking as the world becomes increasingly interdependent economically? Disarray in World Food Markets addresses the nature and causes of this crisis in international trade policy. Its analysis of the effects of these food policies is complemented by a quantitative review of the long term trends in world food markets. The study also extensively examines the reasons why governments choose to implement distortionary policies. These issues have been widely discussed, particularly because of the interest generated by the so-called Uruguay Round of multilateral trade negotiations, held under the auspices of the GATT. Disarray in World Food Markets analyzes some of the elements of the reforms emerging from these trade negotiations and discusses what the likely benefits may be. The model on which the analysis is based has a number of features unique for its time. It incorporates thirty countries and country groups, seven food commodity groups, the dynamic properties of international food markets, the pure protection component of food and agricultural policy, as well as the insulating component of policy.

"Tyers and Anderson are in the forefront of studies on the international economics of agriculture, and this work is a powerful amalgam of their individual and joint contributions over the past ten years." Asian-Pacific Economic Literature

List of figures
List of tables
Abbreviations and glossary
Introduction and Summary
World Food Markets and their Behaviour
Changing patterns of world food prices, production and trade
Distortionary policies affecting food markets
Reasons for the pattern of food price distortions
Effects of Food Market Distortions
The theory of food market distortions: a graphical approach
A model of world food market behaviour
Effects of existing policies
Food Policy Reform
Effects of gradual liberalization of OECD food markets
Economic reform in the centrally planned economies: the great enigma
Policy implications and prospects for reform
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521172318
ISBN-10: 0521172314
Series: Trade and Development
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 472
Published: 17th February 2011
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 21.6 x 14.0  x 2.7
Weight (kg): 0.6