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Agricultural Globalization in Developing Countries


  • J. Mohan Rao
  • Servaas Storm


This paper investigates the process of agricultural globalisation in developing countries subsequent to the structural adjustment and stabilisation programs as well as the Uruguay Round Agreement on Agriculture. The first part discerns patterns in trade flows, price movements and changes in the growth of value added, productivity and labour absorption for the 1960-1990 period. The second part aims at connecting these patterns with the neo-liberal policies. The evidence on trade flows indicates increased agricultural globalisation in developing economies coinciding with the policy regime shift. However, increased trade flows have not been accompanied by relative prices convergence. The analyses of the struc tural relations North/South, industry/agriculture, private/public investments, small farms/multinational corporations suggest that the effects of globalisation are more consonant with a structuralist understanding of global trade vis-à-vis a neoliberal one.

Suggested Citation

  • J. Mohan Rao & Servaas Storm, 2003. "Agricultural Globalization in Developing Countries," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, August.
  • Handle: RePEc:rar:journl:0140

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    References listed on IDEAS

    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
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    More about this item


    Globalisation; Agriculture; Developing Countries; Uruguay Round;

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other


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