Agricultural trade distortions during the global financial crisis
Description
The recent upward spike in the international price of food led some countries to raise export barriers. As in previous price spike periods, that response by some food-exporting countries was accompanied by a lowering of import restrictions by numerous food-importing countries. Both actions exacerbate the international price spike. This paper provides new evidence n the extent of change in domestic relative to international prices in both groups of countries, and compares it with responses...[Show more]
dc.contributor.author | Anderson, Kym | |
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dc.contributor.author | Nelgen, Signe | |
dc.date.accessioned | 2017-12-02T04:26:37Z | |
dc.date.available | 2017-12-02T04:26:37Z | |
dc.date.created | Apr-2012 | |
dc.identifier.uri | http://hdl.handle.net/1885/136658 | |
dc.description.abstract | The recent upward spike in the international price of food led some countries to raise export barriers. As in previous price spike periods, that response by some food-exporting countries was accompanied by a lowering of import restrictions by numerous food-importing countries. Both actions exacerbate the international price spike. This paper provides new evidence n the extent of change in domestic relative to international prices in both groups of countries, and compares it with responses during previous food price spike periods. Stronger WTO disciplines on export restrictions are needed to limit government responses that exacerbate such price shocks. | |
dc.description.sponsorship | The authors are grateful for financial support from the Australian Research Council, Rural Industries Research and Development Corporation, and World Bank. | |
dc.format.extent | 46 pages | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_AU | |
dc.publisher | Arndt-Corden Department of Economics, Crawford School of Public Policy, College of Asia and the Pacific, The Australian National University | |
dc.relation.ispartofseries | Working Papers in Trade and Development (Arndt-Corden Department of Economics); 2012/05 | |
dc.relation.isversionof | An later version of a paper presented at an IFPRI Seminar, Washington DC, 5 December 2011 and at the Annual Meetings of IATRC, St. Petersburg FL, 11-13 December 2011 and of the Australian Agricultural and Resource Economics Society, Fremantle WA, 8-10 February 2012. | |
dc.rights | © The Authors 2012 | |
dc.subject | domestic market insulation | |
dc.subject | distorted incentives | |
dc.subject | international price transmission | |
dc.subject | commodity price stabilization | |
dc.title | Agricultural trade distortions during the global financial crisis | |
dc.type | Working/Technical Paper | |
dc.date.issued | 2012 | |
local.type.status | Published version | |
local.contributor.affiliation | Anderson, Kym, Arndt-Corden Dept of Economics, Crawford School of Public Policy, ANU College of Asia and the Pacific, The Australian National University | |
dcterms.accessRights | Open Access | |
Collections | ANU Crawford School of Public Policy |
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