Disarray in World Food Markets

Download or read book Disarray in World Food Markets written by Rodney Tyers and published by Cambridge University Press. This book was released on 1992-07-31 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was first published in 1992. In the late twentieth century, the crisis in world agriculture had become increasingly evident as the protectionist agricultural policies of various countries distort the international market. Why had 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. This ambitious book, based on a dynamic, multi-commodity model of world food markets, will be an important reference work for all with an interest in trade policy, particularly in countries active in the trade negotiations.