Achieving substantial agricultural trade liberalization has proven elusive in the Doha Round. This paper examines policy reforms the United States might adopt to facilitate progress. The focus is on whether decoupling can be made more convincing through a long-term buyout that would end farm...

There have been different degrees of exchange rate disequilibrium in the developing countries during transition or reform periods. The level of the exchange rate and its misalignment can have significant impacts on agricultural policy measures such as Producer Support Estimates (PSEs). In the...