New advances in biotechnology have enhanced production of maize, soybeans, and cotton. Consumer reactions to the new technology have been mixed. Both the supply shock, from an increase in productivity or a reduction in input use, and the demand shock, which is determined by the consumer response...

This paper analyzes price, production and trade consequences of changingconsumer preferences regarding the use of genetically modified organisms (GMOs) infood production. The analytical framework used is an empirical global generalequilibrium model, in which the entire food processing chain –...

Outbreaks of infectious diseases in developing countries deplete the primary asset of the poor – their labour – through premature deaths and increased morbidity. This study examines how peasant households may respond to the global and local effects of pandemics in economies with...

Outbreaks of infectious diseases are particularly devastating for developing countries and the poor: they deplete, through premature death and morbidity the primary asset of the poor – their labour – in economies with the least developed health care systems. This study examines how peasant...

Since the study of economic development began in earnest at the close of the Second World War, academics and policymakers have debated the appropriate role of public policy in developing economies. East Asia has a remarkable record of high and sustained economic growth. From 1965 to 1990 its 23...

Intense fishing of a stock of sandeels (Ammodytes marinus) on the sand banks off the Firth of Forth, northeast Scotland, during the 1990s led to a decline in catch per unit effort to uneconomic levels and collateral failures of piscivorous seabird breeding success at nearby colonies. A...

Benchmarking techniques have evolved over the years since Xerox’s pioneering visits to Japan in the late 1970s. The focus of benchmarking has also shifted during this period. By tracing in detail the evolution of benchmarking in one specific area of business activity, supply and distribution...

Changes in international trade flows and world prices are major channels through which the global financial crisis will hit developing countries. The recession in the "global North" triggered by the financial crisis and the resulting slowdown of growth in China and other major emerging economies...

Changes in international trade flows and world prices are major channels through which the global financial crisis will hit developing countries. The recession in the ‘global North’ triggered by the financial crisis and the resulting slowdown of growth in China and other major emerging...

The paper examines the impact of industrial protection, agricultural export taxes, and overvaluation of the exchange rate on the balance between the agricultural and nonagricultural sectors. Various agricultural terms-of-trade indices are constructed to measure the policy bias against...