State trading is a common feature in the management of imports and exports of agricultural products and it has been a long-standing feature of China’s agricultural trade regime. While the use of state trading was modified by China’s accession to the WTO, it remains a dominant feature for...

Despite reforms over the past quarter-century, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as the nominal rate of assistance and consumer tax equivalent provide measures of the degree of intervention, but they...

This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment.