Domestic and international factors may combine to stimulate change in US agricultural policies and reductions in the costs of support. This would create additional pressures for economic adjustment in the sector. Current U.S. agricultural policies are not oriented to facilitating such...

Despite many common features in agricultural sector, Korea and Japan have passed through quite different paths of structural adjustment. An important consequence of the different structural adjustment paths is full-time vs. part-time based farming system. As far as policy reforms are concerned,...

Korean agriculture has been facing several structural problems resulting from rapid structural changes since 1960's, some of which are preventing a smooth policy reform in accordance with the WTO regime. Political burden from rice monoculture, policy ineffectiveness from too large farm...