Disarray in World Food Markets: A Quantitative Assessment (Trade and Development) - Hardcover

Tyers, Rod; Anderson, Kym

Hardcover

ISBN 10: 0521351057 ISBN 13: 9780521351058

Publisher: Cambridge University Press, 1992

Synopsis

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.

About this title

Book Description

This 1992 book addresses the nature and causes of the crisis in international trade policy with regard to protectionist agricultural policies. Rob Tyers and Kym Anderson examine the effects of these food polices as well as the reasons why governments choose to implement distortionary policies.

Review

"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

Edition details

• Publisher: Cambridge University Press
• Publication date: 1992
• Language: English
• ISBN 10: 0521351057
• ISBN 13: 9780521351058
• Binding: Hardcover
• Number of pages: 472