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Fluctuations of Prices in the World Grain Market: Policy Responses by the Chinese Government

In: China’s Economy in the Post-WTO Environment

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  • Wei-Ming Tian
  • Zhang-Yue Zhou

Abstract

The book explores the implications of both the extension of the market into key parts of the Chinese economy and the integration of China into the global economy. The main focus of the book is on the role and nature of China’s financial system and its ability to transform enterprise and household behaviour and the performance of investment finance, notably in the context of a two-way flow of foreign direct investment. All the extensive chapters highlight the issue of sustainability – some see the incompleteness of market reform as a problem; others are more willing to accept a pragmatic blending of the operation of the free market and government intervention.

Suggested Citation

  • Wei-Ming Tian & Zhang-Yue Zhou, 2011. "Fluctuations of Prices in the World Grain Market: Policy Responses by the Chinese Government," Chapters, in: Lilai Xu (ed.), China’s Economy in the Post-WTO Environment, chapter 8, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14270_8
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    References listed on IDEAS

    as
    1. Yanrui Wu, 1999. "China’s Consumer Revolution," Books, Edward Elgar Publishing, number 1429.
    2. Joachim von Braun, 2008. "Rising Food Prices: What Should Be Done?," EuroChoices, The Agricultural Economics Society, vol. 7(SpecialIs), pages 30-35, August.
    3. John A.L. Cranfield & Thomas W. Hertel & James S. Eales & Paul V. Preckel, 1998. "Changes in the Structure of Global Food Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1042-1050.
    4. Saunders, Caroline M. & Kaye-Blake, William & Cagatay, Selim, 2009. "Analyzing Drivers of World Food Prices: Weather, Growth, and Biofuels," 2009 Conference, August 16-22, 2009, Beijing, China 51460, International Association of Agricultural Economists.
    5. Fan, Shenggen & Zhang, Linxiu & Zhang, Xiaobo, 2002. "Growth, inequality, and poverty in rural China: the role of public investments," Research reports 125, International Food Policy Research Institute (IFPRI).
    6. James, Jennifer S. & Pardey, Philip G. & Alston, Julian M., 2008. "Agricultural R&D Policy: A Tragedy of the International Commons," Staff Papers 43094, University of Minnesota, Department of Applied Economics.
    7. Irwin, Scott H. & Garcia, Philip & Good, Darrel L., 2007. "The Performance of Chicago Board of Trade Corn, Soybean, and Wheat Futures Contracts after Recent Changes in Speculative Limits," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon 9951, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Oecd, 2009. "Fiscal Performance and Challenges," OECD Journal on Budgeting, OECD Publishing, vol. 9(1), pages 23-43.
    9. Akira Ishida & Siong-Hook Law & Yoshihisa Aita, 2003. "Changes in food consumption expenditure in Malaysia," Agribusiness, John Wiley & Sons, Ltd., vol. 19(1), pages 61-76.
    10. Dwight R. Sanders & Scott H. Irwin & Robert P. Merrin, 2010. "The Adequacy of Speculation in Agricultural Futures Markets: Too Much of a Good Thing?," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 32(1), pages 77-94.
    11. John A.L. Cranfield & Thomas W. Hertel & James S. Eales & Paul V. Preckel, 1998. "Changes in the Structure of Global Food Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1042-1050.
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