Food price and trade policy biases: Inefficient, inequitable, yet not inevitable

Date

2015

Authors

Anderson, Kym

Journal Title

Journal ISSN

Volume Title

Publisher

Oxford University Press

Abstract

This article demonstrates how governments have distorted food markets in high-income countries, primarily through ineffective trade policies. It begins by reviewing theories on agriculture�s perceived role in development. It then considers a recent World Bank study, which presents evidence of price-distorting policies in both high-income and developing countries. Next, it discusses the contribution of agriculture to the current global welfare cost of distortions to farm and nonfarm goods markets, and the impact of those distortionary policies on income inequality and poverty. The article concludes by assessing the policy implications of the study�s empirical findings.

Description

Keywords

Citation

Source

Type

Book chapter

Book Title

The Oxford Handbook of Food, Politics, and Society

Entity type

Access Statement

License Rights

DOI

10.1093/oxfordhb/9780195397772.013.009

Restricted until

2037-12-31