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A Billion Dollars a Day "The Economics And Politics Of Agricultural Subsidies"

The Economics And Politics Of Agricultural Subsidies

A Billion Dollars a Day "The Economics And Politics Of Agricultural Subsidies". The Economics And Politics Of Agricultural Subsidies

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  • ISBN:9781405185868
  • Editorial: Blackwell Publishers
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  • Nº Pág.:320
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In a lively, non-technical, and up-to-date account, this book addresses the core questions that surround the issues of agricultural subsidies. This work explores these questions: Why do we have subsidies? How did they evolve? What is the present and possible future of subsidies? What is their impact on a typical African farmer? Written for the general public, this book will also be useful for courses in Agricultural Policy. This work provides a detailed examination of subsidy histories and the current policies of the United States, various European countries, Australia and New Zealand, and Korea and Japan. It includes a discussion of how these policies affect developing countries - examining, in particular, their impact on many African farmers

List of Tables and Figures.Preface.List of Abbreviations.Prologue.Chapter 1: Introduction: The Problem of Agricultural Subsidies.Benin.Western Agricultural Subsidies.Organization of the Book.Chapter 2: The Economics of Government Intervention.Introduction.The Invisible Hand.Market Failures.Violation of the Basic Conditions: Imperfect Competition, Information and Risk.Public Goods and Externalities.Income Distribution, Poverty and Inequality.Conclusion.Appendix 2-1: The Theory of the Invisible Hand.Appendix 2-2: The Prisoners' Dilemma.Chapter 3: The Structure of the World Food System.Introduction.Historical Perspectives.The World Food System.Agribusiness, Government and Science.Conclusion.Appendix 3-1: Country and Commodity Classifications used in Statistical Tables.Chapter 4: Global Institutions and the World Trade Organization.Introduction.The World Trade Organization.Agriculture in the WTO.Trade and Development.Appendix 4-1: Comparative Advantage.Chapter 5: The Nature and Scope of Agricultural Subsidies in High-Income Countries.Introduction.Agricultural Policy Objectives and Tools.Agricultural Subsidies in OECD Countries.Effects of OECD Agricultural Subsidies.Conclusion.Chapter 6: U.S. Agricultural Policy: How Not to Save the Family Farm.Introduction.Historical Overview of U.S. Farm Policy.The Impacts of U.S. Farm Subsidies.The Politics of U.S. Agricultural Policy.Appendix 6-1: ERS Farm Typology.Chapter 7: Agricultural Policy in the European Union: Europe's Sacred Cows.Introduction.Agricultural Policy in the European Union.The Impact of the Common Agricultural Policy.Appendix 7-1: Green Currencies and the Re-Nationalization of the CAP.Chapter 8: Agricultural Policy on the Pacific Rim: Non-Trade Concerns Versus Comparative Advantage.Introduction.Japan and Korea.Australia and New Zealand.Conclusion.Chapter 9: Agricultural Policy in Developing Countries: Cheap Food.Introduction.The Developing World.Agricultural Policy in Developing Countries.The Impacts of Agricultural and Trade Policy Reforms.Conclusion.Appendix 9-1: Country Lists.Chapter 10: Conclusion: Whither Agricultural Policy?.References.Index

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