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Agricultural Policies in the Next Decade: A Global Perspective

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  • Andrew Schmitz

    ()
    (Institute of Food and Agricultural Sciences, University of Florida)

Abstract

Many countries around the world either tax agriculture or provide subsidies through trade and agricultural policies. This paper presents historical developments in the United States, European Union, Canada, China, India, and Thailand, which generally subsidize agriculture although the level of subsidization has decreased because of the significant rise in commodity prices. While progress has been made in lowering tariff and non-tariff barriers around the world with positive outcomes, the future progress in this area is questionable as evidenced by the Doha Round trade talks. Policy makers are now grappling with how to deal with price instability, uncertainty, and rising food prices.

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Bibliographic Info

Article provided by Kasetsart University, Faculty of Economics, Center for Applied Economic Research in its journal Applied Economics Journal.

Volume (Year): 18 (2011)
Issue (Month): 1 (June)
Pages: 1-14

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Handle: RePEc:aej:apecjn:v:18:y:2011:i:1:p:1-14

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Keywords: agricultural policy; trade distortion; price instability; subsidies; taxes;

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