In this study, an economywide model focused on Morocco's rural economy is used as a laboratory for analyzing issues at the core of such a rural development strategy.The model is used to explore the effects of alternative scenarios for water tariffs and sales, and supply-side advances (irrigation...

This paper presents an agriculture sector focused Computable General Equilibrium (AG-CGE) model for analyzing the economy-wide impacts of changes in technology, protection, and market structure on resource allocation, production, and trade in Indonesia. The paper incorporates a specification of...

Three types of trade policy adjustments to deal with an unsustainable current account deficit are examined in this paper for their economywide income and equity effects, based on the results of simulation experiments using a CGE model of the Philippine economy. Gross domestic product (GDP)...

This paper analyzes the wheat market in South America, with a focus on MERCOSUR. It argues that wheat markets in South America have undergone significant changes over the last decade, driven by the world macroeconomic and agricultural cycle of the last quarter of the century, as well as specific...

Between 1993 and 1996, two developments occurred in world grain markets which posed a potential threat to the food security of import-dependent developing countries. First, starting in later 1994, real grain prices increased, limiting the ability of less developed countries (LDCs) to import...

This paper presents an overview of macroeconomic and agricultural trends in Latin America and the Caribbean. It argues that world-level macroeconomic and agricultural cycles, of expansion during the 1960s and 1970s, and stagnation and retrenchment during the 1980's, had an important impact on...

A dynamic computable general equilibrium (CGE) model is used to explore alternative scenarios for 1990-2020 in areas critical for Egypt's economy productivity growth, investment, foreign trade, and water. The model is formulated as a mixed-complementarity problem, has a detailed treatment of...

This paper examines the role of agriculture and rural development, in general, in the most successful countries of Asia, termed, by the World Bank, the "East Asian Miracle." The basic hypothesis of the paper is that agricultural growth and rural development play a vital role in the sustained...

The Heckscher-Ohlin-Samuelson (HOS) model in international trade theory provides a powerful general-equilibrium paradigm for analyzing the impact of changes in trade on factor returns. In the HOS model, factor returns are determined solely by commodity prices, which are determined on large world...

Does a restrictive foreign trade regime reduce the effectiveness of agricultural productivity growth in promoting overall income growth and equity? Based on counterfactual simulations using a multi-sector, computable general equilibrium (CGE) model of the Philippine economy, this paper...