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