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Tables of Contents for Disarray in World Food Markets
Chapter/Section Title
Page #
Page Count
List of Figures
xi
List of Tables
xiii
Preface
xix
Acknowledgements
xxi
Abbreviations and Glossary
xxiii
Symbols
xxv
Introduction and Summary
1
14
ONE WORLD FOOD MARKETS AND THEIR BEHAVIOUR
15
108
Changing Patterns of World Food Prices, Production and Trade
16
29
The long-run decline and increasing fluctuations in world food prices
19
2
The increasing dominance of industrial countries in world food exports
21
9
Reasons for the relative decline in food prices and changes in comparative advantage
30
8
Changes in food self-sufficiency as an economy grows
38
3
Conclusions
41
4
Distortionary Policies Affecting Food Markets
45
35
The growth of agricultural protection in industrial countries
46
13
Food price distortions in developing economies
59
6
The insulation of domestic food markets
65
10
Conclusions
75
5
Reasons for the Pattern of Food Price Distortions
80
43
Why agriculture is subsidized in rich countries and taxed in poor countries
82
22
Why both rich and poor countries insulate their domestic food markets
104
11
Liberal trade as an international public good
115
8
TWO EFFECTS OF FOOD MARKET DISTORTIONS
123
116
The Theory of Food Market Distortions: A Graphical Approach
124
32
Distorting a single commodity market in a small country
125
3
Distorting a single commodity market in a large country
128
4
Domestic effects of international price changes: some apparent paradoxes
132
5
The effects on net importing developing countries of liberalization in industrial countries
137
7
Liberalization and world welfare
144
2
When is a tax not a tax? The case of producer levies
146
2
Distortions with several inter-related commodity markets
148
4
Some important assumptions
152
2
The need for quantitative analyses
154
2
A Model of World Food Market Behaviour
156
32
Model description
156
9
The model's characterization of policy
165
6
Illustrations of the model's behaviour
171
5
How the model measures economic welfare effects of policy changes
176
8
Model validation
184
4
Effects of Existing Policies
188
51
The extent of food price distortions
189
5
Effects of existing policies on trade and welfare: the comparative statics
194
31
The effects of existing policies on food price risk
225
7
Some qualifications
232
2
Conclusions
234
5
THREE FOOD POLICY REFORM
239
78
Effects of Gradual Liberalization of OECD Food Markets
240
34
The reference scenario
242
2
The effects of 'tariffication' and partial liberalization: deterministic simulations
244
20
The effects of partial reform on price risk
264
6
Some qualifications
270
2
Conclusions
272
2
Economic Reform in the Centrally Planned Economies: The Great Enigma
274
29
The case of China
276
19
Possible impacts of reforms in other socialist economies
295
8
Policy Implications and Prospects for Reform
303
14
Summary of findings
303
3
Policy implications for industrial countries
306
3
Policy implications for developing and centrally planned economies
309
2
Prospects for reducing the disarray
311
3
Areas for further research
314
3
APPENDICES
317
100
Appendix 1 Algebra of the World Food Model and its Solution Algorithm
318
18
Appendix 2 Parameters Used in the World Food Model
336
65
Appendix 3 Income Distributional Effects of Price-distorting Policies: A General Equilibrium Model
401
9
Appendix 4 The Welfare Incidence of Pure Market Insulation
410
7
Bibliography
417
18
Index
435