Many national governments around the world applied export restrictions for achieving domestic market stabilization during the 2007/8 world food price crisis. However, current literature says little about how these export restrictions interact with existing domestic support measures in jointly...

The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers across countries, implying that the EU would have to make larger cuts to its high external tariffs, in comparison with many other WTO...

Existing literature on the 2007/8 food price crisis focuses on the causes and poverty and hunger consequences of the crisis and seems to be less concerned with the interactions of different policy measures applied by governments. As such, the relative effectiveness, interactions and costs of...

Computable General Equilibrium (CGE) models are increasingly being used to project world food markets in order to support forward-looking policy analysis. Such projections hinge critically on the underlying functional form for representing consumer demand. Simple functional forms can lead to...

The July Package of WTO agricultural trade negotiations and the recent Hong Kong WTO Ministerial declaration call for duty and quota-free access for imports originated from least developed countries, including the African LDCs (ALDCs). This paper discusses the merits of this proposal. The...

When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with the terms of trade change. Several recent analyses...