World Scientific Studies in International Economics: Volume 20

Trade, Development and Agriculture

Essays in Economic Policy Analysis

https://doi.org/10.1142/8455 | October 2012

Pages: 396

Edited by:
Kym Anderson (University of Adelaide, Australia & Australian National University, Australia)

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ISBN: 978-981-4401-78-4 (hardcover) USD 143.00 Add to cart

This book brings together core papers by the editor and some of his colleagues during the past two decades on the role of trade openness, especially in farm products, in promoting national and global economic development. The chapters cover four areas: how national comparative advantage evolves in the course of economic growth; how agricultural markets and national and global economic welfare are affected by distortionary price and trade policies; how inefficiently non-trade concerns of societies are addressed using trade-distorting policies; and how the income distributional effects of trade policies drive the political economy of those policies.

Contents:

Agriculture in an Integrating, Growing but Distorted World Economy:
- Evolving Comparative Advantages:
  - On Why Agriculture Declines with Economic Growth
  - The Rise and Demise of Textiles and Clothing in Economic Development: The Case of Japan
  - Feeding and Fueling China in the 21st Century
- Effects of Distortionary Policies on Agricultural Markets and Economic Welfare:
  - More on Welfare Gains to Developing Countries from Liberalizing World Food Trade
  - Agricultural Trade Reform and the Doha Development Agenda
  - Doha Merchandise Trade Reform: What Is at Stake for Developing Countries?
  - Krueger, Schiff, and Valdés Revisited: Agricultural Price and Trade Policy Reform in Developing Countries since 1960
  - Global Distortions to Agricultural Markets: Indicators of Trade and Welfare Impacts, 1960 to 2007
  - Export Restrictions and Price Insulation During Commodity Price Booms
- Effects of Trade-Distorting Policies on 'Non-Trade' Concerns:
  - Agricultural Trade Liberalisation and the Environment: A Global Perspective
  - Environmental and Labor Standards: What Role for the WTO?
  - On the Need for More Economic Assessment of Quarantine Policies
  - Agriculture's 'Multifunctionality' and the WTO
  - Global Market Effects of Alternative European Responses to Genetically Modified Organisms
  - Would Freeing Up World Trade Reduce Poverty and Inequality? The Vexed Role of Agricultural Distortions
- Political Economy of Price-Distorting Policies:
  - Lobbying Incentives and the Pattern of Protection in Rich and Poor Countries

Readership: Students and researchers involved in the field of economic development and globalization, with a special interest in the impact of agriculture on economic policies.

Kym Anderson is the George Gollin Professor of Economics at the University of Adelaide in Australia, with which he has been affiliated since 1984. Previously he was a Research Fellow at the Australian National University's Research School of Pacific and Asian Studies (1977–1983), following doctoral studies at the University of Chicago and Stanford University (1974–1977); in 2012 he rejoined ANU part-time as a Professor of Economics in its Crawford School of Public Policy. He was on extended leave at the Economic Research division of the GATT (now WTO) Secretariat in Geneva during 1990–1992 and at the World Bank's Development Research Group in Washington DC as Lead Economist (Trade Policy) during 2004–2007. He is a Fellow of the AAEA, AARES, AAWE, ASSA and CEPR. He is also a member of the Board of Trustees of the Washington DC-based International Food Policy Research Institute, and of the Commission of Australia's Centre for International Agricultural Research. He has published more than 300 articles and 30 books, including The Political Economy of Agricultural Protection (with Yujiro Hayami), Disarray in World Food Markets (with Rod Tyers), Agricultural Trade Reform and the Doha Development Agenda (with Will Martin), The World's Wine Markets: Globalization at Work and, during 2008–2010, a set of 4 regional and 3 global books on Distortions to Agricultural Incentives. His publications have received a number of AAEA and AARES awards, including the 2010 Bruce Gardner Memorial Prize for Applied Policy Analysis.