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 –...

By changing marginal prices and therefore production incentives, removal of government payments will result in a re-allocation of factors of production as farm households pursue alternative economic opportunities. At the economy-wide level these impacts are small, but closer inspection reveals...

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...

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...

This paper examines recent movements in domestic cereal prices in Ethiopia in light of world price movements and production trends, and then uses a Computable General Equilibrium (CGE) model to assess the effects of various types of shocks on prices, incomes and food consumption, particularly...

Cover title. "June 1997"--Cover. Includes bibliographical references (p. 46-48).