This article analyses past trade trends and agricultural protectionism in Latin American agriculture, by examining observed changes in Latin American agriculture and trade policies over the last 20 years that have led to what the authors call the "New Open Regionalism". It also discussed the...

This paper focuses on recent theoretical developments in political economy and what role they might play in explaining and reforming individual country and global distortions in food and agricultural markets. Four groups of forces are isolated: political governance structures emphasizing the...

Australia has long been considered a commodity based economy, with the relationship between the terms of trade and the real exchange rate well documented. Less well documented are the determinants of the Australian terms of trade and how these have moved in response to structural change and...

This paper uses a computable general equilibrium (CGE) model to investigate the impact on poverty of trade liberalisation in Bangladesh. The simulation results show that the complete removal of tariffs favours export oriented sectors in the economy. With trade liberalisation, rural and urban...

A great deal of attention has been given in recent years to the question of externalities associated with water entitlements and how third parties can be protected without restricting opportunities for water trade. Yet one market failure that has received no attention at all is the missing...

In 1990 the Australian Government relaxed restrictions on the importation of pigmeat from Canada. In response to declining producer prices and their consequent effect on profitability, the Australian pig industry raised concerns with the Australian Government that the decline in producer price...

In New Zealand the Resource Management Act 1991 has put standards in place regarding surface and ground water quality. Nitrogen leaching from dairy effluent compromises these standards; consequently the nation-wide aim is to have all dairy farms operating land-based effluent disposal. An...

The Uruguay Round agreement on agriculture was a milestone, bringing this important sector under the disciplines from which it had escaped in the early days of the GATT. The agreement limits the distortions that countries may impose on: market access, on export subsidization and domestic...

The recent acceleration of regional and global integration of national economies has brought with it greater scrutiny of domestic policies that affect the competitiveness of industries in the international marketplace. Simultaneously, concerns about resource depletion and environmental...