Agricultural and trade policy reforms in Latin America: impacts on markets and welfare
Farm earnings in Latin America have been depressed by pro-urban and anti-trade biases in national policies and by agricultural support policies of richer countries. These policies have reduced economic welfare, hampered trade and growth, and may well have added to income . Since the 1980s, however, the region has reduced its sectoral and trade policy distortions; and some high-income countries also have begun reducing market-distorting aspects of their farm policies. This paper synthesizes...[Show more]
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