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Type: Book chapter
Title: Trends and fluctuations in agricultural price distortions
Author: Anderson, K.
Citation: Sustainable Economic Development: Resources, Environment, and Institutions, 2015 / Balisacan, A., Chakravorty, U., Ravago, M.-L. (ed./s), Ch.17, pp.293-309
Publisher: Elsevier
Publisher Place: United States
Issue Date: 2015
ISBN: 0128003472
Editor: Balisacan, A.
Chakravorty, U.
Ravago, M.-L.
Statement of
Kym Anderson
Abstract: For decades, earnings from farming in many developing countries have been depressed by a pro-urban bias in own-country policies, as well as by farm trade and subsidy policies of richer countries. Both sets of policies had reduced global economic welfare and agricultural trade and almost certainly have added to global inequality and poverty. Progress has been made over the past three decades in reducing agricultural protection in high income countries and agricultural disincentives in developing countries. However, some large distortions to agricultural prices within farm sectors and between countries remain, and governments continue to have a propensity to insulate their domestic food market from fluctuations in international prices. Thus much scope remains to improve economic welfare and reduce poverty by removing remaining trade distortions. This chapter summarizes indicators of these trade barrier patterns before pointing to changes in trade policies, together with complementary domestic measures, that could improve global food security.
Rights: © 2015 Elsevier Inc. All rights reserved.
DOI: 10.1016/B978-0-12-800347-3.00017-0
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Appears in Collections:Aurora harvest 8
Economics publications

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