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Contact for this paper: Stefan Tangermann, Institute of Agricultural Economics, University of Gottingen, Gottingen, Germany. Among the many new achievements made in the Uruguay Round of GATT negotiations, the ambitious and wide-ranging Agreement on Agriculture (The Agreement) was a significant...
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Indian governments follow highly interventionist policies on food grains, especially rice and wheat. These policies include import and export controls which insulate the domestic market from world markets, a minimum support price (MSP) program which supports and controls domestic wholesale...
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Major advances in modelling techniques and computing power that have occurred over the past 20 years or so now make it relatively easy to quantify the results of policy experiments when large numbers of parameters and variables are involved. The most important and difficult part of this kind of...
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Local content programs - especially in the auto industry - accompanied many import substitution policies during the 1960s and 1970s, but most were abandoned in countries that liberalized trade in the 1980s, and early 1990s. The high economic costs of these programs, and their inherent...
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