The issue of exchange rate policy is closely intertwined with that of current account imbalance. The author focuses particularly on the exchange rate as an expenditure-switching policy instrument to correct current account imbalance with special reference to Asian and Latin American countries....

This study proposes a set of indicators for monitoring and evaluation of agricultural policy, patterned after the support estimates of the Organization for Economic Cooperation and Development (OECD). The main indicators are: producer support (incorporating indirect market support, and direct...