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International Economics Of Wine, The (Hardcover)
Loot Price: R6,686
Discovery Miles 66 860
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International Economics Of Wine, The (Hardcover)
Series: World Scientific Studies in International Economics, 73
Expected to ship within 10 - 15 working days
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The International Economics of Wine provides a broad range of
studies by Professor Kym Anderson and his co-authors of the
international trade dimension of national, regional and global wine
market developments over the past quarter-century. Prior to 1990,
barely 10% of global wine production crossed national borders, but
now that figure is 40%. In that short period, wine has switched
from being one of the world's least-traded agricultural products to
one of the most traded internationally. This has created an
unprecedented boom for consumers, who have also witnessed huge
improvements in the quality and diversity of wines available.The
chapters in this book shed light on the causes and consequences of
the dramatic transformation of the world of wine. An economic model
of the world's wine markets, based on newly compiled data, makes it
possible to quantify the likely effects of changes in incomes,
consumer preferences, tax and trade policies, and exchange rates.
Differential changes in technologies and winegrape varieties, and
the opening up of cooler wine regions, have also altered
comparative advantages in wine.
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