Agricultural trade distortions during the global financial crisis

Anderson, Kym; Nelgen, Signe

doi:10.1093/oxrep/grs001

Cited by 57 publications

(71 citation statements)

References 25 publications

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“…Operationally, it is important to establish clear triggers for market intervention. Similarly, there is important evidence showing that using trade policies to reduce price volatility is not effective and on the contrary could have important welfare costs as shown by Martin and Anderson (2011) and Anderson and Nelgen (2012).…”

Section: Resultsmentioning

confidence: 99%

“…On the other hand, Anderson and Nelgen (2012) 10 Yet the results also suggest that everyone should take part of the blame for this: the policies of both exporting and importing countries, and both developing and high-income countries, fueled the price increases. Table 19.3 compares the changes in international prices that would have taken place without trade interventions with effective domestic prices.…”

Section: Trade Policiesmentioning

confidence: 96%

“…These policies were somewhat more effective for other crops, but overall their effect was not large: 2 % for maize and 12 % for rice. Anderson and Nelgen (2012) advise governments to refrain from imposing insulating trade policies because they amplify price increases and, moreover, are not always effective. Theoretically, small countries cannot affect international markets individually by changing their trade policies.…”

Section: Trade Policiesmentioning

confidence: 99%

“…Theoretically, small countries cannot affect international markets individually by changing their trade policies. However, Anderson and Nelgen (2012) claim that if many small countries do so simultaneously, it can have an aggregate Anderson and Nelgen (2012), Table 8 sizeable impact. In this line, they argue that trade restrictions and reduction of import tariffs should be discouraged across the board.…”

Section: Trade Policiesmentioning

confidence: 99%

See 3 more Smart Citations

Food Price Volatility and Its Implications for Food Security and Policy

Kalkuhl¹,

Braun²,

Torero³

2016

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Section: Resultsmentioning

confidence: 99%

Section: Trade Policiesmentioning

confidence: 96%

Section: Trade Policiesmentioning

confidence: 99%

Section: Trade Policiesmentioning

confidence: 99%

See 2 more Smart Citations

Food Price Volatility and Its Implications for Food Security and Policy

Kalkuhl¹,

Braun²,

Torero³

2016

View full text Add to dashboard Cite

“…Meanwhile, growing prosperity in China and India is both altering consumption patterns in those countries and presenting new challenges for those advocating greater freedom of trade in agricultural produce. However, Grant observes that within negotiations on world trade the dominant neoliberal paradigm continues to encourage reductions in subsidies, though the global financial crisis has reduced the effectiveness of some of the neoliberal arguments (Anderson and Nelgen, 2012).…”

Section: Part Ii: Globalisation and Policy Regimesmentioning

confidence: 99%

The globalisation of agriculture: introducing the Handbook

Robinson¹,

Carson²

2015

Handbook on the Globalisation of Agriculture

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Global agricultural prices and policies during WTO regime: Explorative research to price policy advocacy

Dastagiri

Sindhuja

2021

World Food Policy

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Nurturing population and global demand for food are putting pressure on agricultural prices. Prices are a complicated prodigy. A cobweb model is innate in agricultural price policy. Setting the prices is the most difficult task for firms and the government. Meta‐analysis, and scientific and political policy analysis were approached to validate the results. The main objective of the paper is to review and analyze various agricultural price policies continent wise and selected country wise and formulate new global price policy for developed and developing countries. The study revealed that not only micro and macroeconomic indicators but also the environmental factors such as the COVID pandemic influence the prices, which may affect the producers and consumers either directly or indirectly based on the review of global prices effects. Market price supports, direct payments to producers, and reduced tariffs through trade agreements are the most common policies existing almost in all countries globally. The government must watch whether the planned policies are implemented successfully or not. The study suggests that the new Global price policy for developed countries is that they must equate international prices to domestic prices and for low‐ and middle‐income countries is that international prices + 20% to protect farmer's welfare coupled with WTO should discipline global trade with stable prices. High optimistic expectations, inadequate collaborative policymaking, dispersed governance, and the vagaries of the political cycle were the four main reasons for the failure of existing policies. Therefore, politicization is compulsory but not sufficient to illuminate accepting international organization norms and agricultural policies toward sustainable agriculture.

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Agricultural trade distortions during the global financial crisis

Cited by 57 publications

References 25 publications

Food Price Volatility and Its Implications for Food Security and Policy

Food Price Volatility and Its Implications for Food Security and Policy

The globalisation of agriculture: introducing the Handbook

Global agricultural prices and policies during WTO regime: Explorative research to price policy advocacy

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