This chapter begins with a brief summary of economic growth and structural changes in the region since the 1950s and of agricultural and other economic policies as they affected agriculture before and after the various reforms, and in several cases fundamental regime changes, of the past...

The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and...