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Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization PDF Author: Ndiame Diop
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

Book Description
Groundnut products are of central economic importance to millions of smallholders in Africa, India, and Southern China. The products generate 60 percent of rural cash income and account for about 70 percent of the rural labor force in Senegal and The Gambia. Groundnut trade is heavily distorted, and this has affected the competitive position of various players in world markets. Using a partial-equilibrium, multi-market, international model, Diop, Beghin, and Sewadeh analyze the trade and welfare effects of several groundnut trade liberalization scenarios compared with the recent historical baseline. They evaluate net welfare as the sum of consumers' equivalent variation, quasi-profits in farming, quasi-profits in crushing, and taxpayers' revenues and outlays implied by distortions. The authors find that trade liberalization in groundnut markets has a strong South-South dimension with policies in India, and to a lesser extent China, heavily depressing the world prices of groundnut products at the expense of smaller developing countries mainly located in Africa. Under free trade, African exporters would gain because they are net sellers of groundnut products. In India, consumers would be better off with lower consumer prices resulting from the removal of prohibitive tariffs and large imports of groundnut products. The cost of adjustment would fall on Indian farmers and crushers. In China, crush margins would improve because of the large terms of trade effects in the groundnut oil market relative to the seed market. China's groundnut product exports would expand dramatically. Net buyers of groundnut products in OECD countries would be worse off. The authors draw implications for the Doha negotiations.This paper is a product of the International Trade Group, Poverty Reduction and Economic Management Network.

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization PDF Author: Ndiame Diop
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

Book Description
Groundnut products are of central economic importance to millions of smallholders in Africa, India, and Southern China. The products generate 60 percent of rural cash income and account for about 70 percent of the rural labor force in Senegal and The Gambia. Groundnut trade is heavily distorted, and this has affected the competitive position of various players in world markets. Using a partial-equilibrium, multi-market, international model, Diop, Beghin, and Sewadeh analyze the trade and welfare effects of several groundnut trade liberalization scenarios compared with the recent historical baseline. They evaluate net welfare as the sum of consumers' equivalent variation, quasi-profits in farming, quasi-profits in crushing, and taxpayers' revenues and outlays implied by distortions. The authors find that trade liberalization in groundnut markets has a strong South-South dimension with policies in India, and to a lesser extent China, heavily depressing the world prices of groundnut products at the expense of smaller developing countries mainly located in Africa. Under free trade, African exporters would gain because they are net sellers of groundnut products. In India, consumers would be better off with lower consumer prices resulting from the removal of prohibitive tariffs and large imports of groundnut products. The cost of adjustment would fall on Indian farmers and crushers. In China, crush margins would improve because of the large terms of trade effects in the groundnut oil market relative to the seed market. China's groundnut product exports would expand dramatically. Net buyers of groundnut products in OECD countries would be worse off. The authors draw implications for the Doha negotiations.This paper is a product of the International Trade Group, Poverty Reduction and Economic Management Network.

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization PDF Author: Ndiame Diop
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Groundnut products are of central economic importance to millions of smallholders in Africa, India, and Southern China. The products generate 60 percent of rural cash income and account for about 70 percent of the rural labor force in Senegal and The Gambia. Groundnut trade is heavily distorted, and this has affected the competitive position of various players in world markets. Using a partial-equilibrium, multi-market, international model, the authors analyze the trade and welfare effects of several groundnut trade liberalization scenarios compared with the recent historical baseline. They evaluate net welfare as the sum of consumers' equivalent variation, quasi-profits in farming, quasi-profits in crushing, and taxpayers' revenues and outlays implied by distortions. The authors find that trade liberalization in groundnut markets has a strong South-South dimension with policies in India, and to a lesser extent China, heavily depressing the world prices of groundnut products at the expense of smaller developing countries mainly located in Africa. Under free trade, African exporters would gain because they are net sellers of groundnut products. In India, consumers would be better off with lower consumer prices resulting from the removal of prohibitive tariffs and large imports of groundnut products. The cost of adjustment would fall on Indian farmers and crushers. In China, crush margins would improve because of the large terms of trade effects in the groundnut oil market relative to the seed market. China's groundnut product exports would expand dramatically. Net buyers of groundnut products in OECD countries would be worse off. The authors draw implications for the Doha negotiations.

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization

Groundnut Policies, Global Trade Dynamics, and the Impact of Trade Liberalization PDF Author: John Christopher Beghin
Publisher: World Bank Publications
ISBN:
Category : Free trade
Languages : en
Pages : 36

Book Description


The Expected Benefits of Trade Liberalization for World Income and Development

The Expected Benefits of Trade Liberalization for World Income and Development PDF Author: Antoine Bouët
Publisher: Intl Food Policy Res Inst
ISBN: 0896295109
Category : Political Science
Languages : en
Pages : 176

Book Description
Development experts often promote trade liberalization as a path to economic development and poverty alleviation. This study examines the trade models used to support such claims. The author surveys the methodologies used to assess trade liberalization’s impact and examines the extent to which assessments of impact diverge. Through careful analysis of models and their results, the author provides a more nuanced assessment of the liberalization’s possible benefits

Global Agricultural Trade And Developing Countries

Global Agricultural Trade And Developing Countries PDF Author: M. Ataman Aksoy And John C. Beghin
Publisher: Manas Publications
ISBN: 9788170492528
Category : International economic relations
Languages : en
Pages : 356

Book Description
Global Agricultural Trade And Developing Countries Explores The Outstanding Issues In Global Agricultural Trade Policy And Evolving World Production And Trade Patterns. This Book Presents Research Findings Based On A Series Of Commodity Studies Of Significant Economic Importance To Developing Countries. Setting The Stage With Background Chapters And Investigations Of Cross-Cutting Issues, The Authors Describe Trade And Domestic Policy Regimes Affecting Agricultural And Food Markets And Analyze Product Standards And Compliance Costs And Their Effects On Agricultural And Food Trade. They Then Examine The Impact And Effectiveness Of Preferences And Review The Evidence On Attempts To Decouple Agricultural Support From Agricultural Output. Finally, They Assess The Potential Gains From Global Liberalization In Agricultural And Food Markets, And Their Sensitivity To Various Assumptions. Within This Broad Context Of Global Agricultural Policies And Reforms, The Authors Then Present Detailed Studies Of Commodity Markets That Feature Distorted Policy Regimes Among Industrial And Developing Countries Or That Are Important Contributors To Exports Of Developing Countries. The Book Will Aid Policymakers And Researchers In Approaching Global Negotiations And In Evaluating Domestic Policies On Agriculture. (Published In Collaboration With World Bank )

Global Agricultural Trade and Developing Countries

Global Agricultural Trade and Developing Countries PDF Author: M. Ataman Aksoy
Publisher: World Bank Publications
ISBN: 0821383493
Category : Business & Economics
Languages : en
Pages : 352

Book Description
Global Agricultural Trade and Developing Countries presents research findings based on a series of commodity studies of significant economic importance to developing countries. The book sets the stage with background chapters and investigations of cross-cutting issues. It then describes trade and domestic policy regimes affecting agricultural and food markets, and assesses the resulting patterns of production and trade. The book continues with an analysis of product standards and costs of compliance and their effects on agricultural and food trade. The book also investigates the impact of preferences given to selected countries and their effectiveness, then reviews the evidence on the attempts to decouple agricultural support from agricultural output. The last background chapter explores the robustness of the global gains of multilateral agricultural and food trade liberalization. Given this context, the book presents detailed commodity studies for coffee, cotton, dairy, fruits and vegetables, groundnuts, rice, seafood products, sugar, and wheat. These markets feature distorted policy regimes among industrial or middle-income countries. The studies analyze current policy regimes in key producing and consuming countries, document the magnitude of these distortions and estimate the distributional impacts - winners and losers - of trade and domestic policy reforms. By bringing the key issues and findings together in one place, Global Agricultural Trade and Developing Countries aids policy makers and researchers, both in their approach to global negotiations and in evaluating their domestic policies on agriculture. The book also complements the recently published Agriculture and the WTO, which focuses primarily on the agricultural issues within the context of the WTO negotiations.

Globalization, Trade and Poverty in Ghana

Globalization, Trade and Poverty in Ghana PDF Author: Charles Ackah
Publisher: IDRC
ISBN: 9988647360
Category : Business & Economics
Languages : en
Pages : 258

Book Description
Citing a paucity of empirical evidence on the poverty and distributional impacts of trade policy reform in Ghana as the main motivation for this volume, the editors (both of the Institute of Statistical, Social and Economic Research at the U. of Ghana) present eleven papers that combine theory and econometric analysis in an effort to assess linkages between globalization, trade, and poverty (including gendered aspects). Specific topics examined include manufacturing employment and wage effects of trade liberalization; the influence of education on trade liberalization impacts on household welfare; trade liberalization and manufacturing firm productivity; the impact of elimination of trade taxes on poverty and income distribution; food prices, tax reforms, and consumer welfare under trade liberalization; impacts on tariff revenues; and impacts on cash cropping, gender, and household welfare; Distributed in the US by Stylus. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com).

Rigged Rules and Double Standards

Rigged Rules and Double Standards PDF Author: Kevin Watkins
Publisher: Oxfam
ISBN: 9780855985257
Category : Social Science
Languages : en
Pages : 278

Book Description
A critical and detailed analysis of inequalities of world trade systems.

Finishing Global Farm Trade Reform:

Finishing Global Farm Trade Reform: PDF Author: Kym Anderson
Publisher: University of Adelaide Press
ISBN: 1925261352
Category : Political Science
Languages : en
Pages : 145

Book Description
This study reviews policy developments in recent years and, in the light of that, explores ways in which further consensus might be reached among WTO members to reduce farm trade distortions – and thereby also progress the multilateral trade reform agenda. Particular attention is given to ways that would boost well-being in developing countries, especially for those food-insecure households still suffering from poverty and hunger.

African Coalitions and Global Economic Governance

African Coalitions and Global Economic Governance PDF Author: Michael Byron Nelson
Publisher: Cambridge University Press
ISBN: 1316790843
Category : Political Science
Languages : en
Pages : 295

Book Description
The proliferation of international institutions with overlapping scope and authority over issue areas creates strategic dilemmas for all states. While African states are often considered marginalised in world politics and global markets, Michael Byron Nelson shows how coalitions can form a crucial part of African strategies to influence international institutions and achieve results. Building a bottom-up analysis of global governance, through legal analysis, content analysis, and in-depth interviews, Nelson illuminates institutional and coalition dynamics through case studies of three key areas - food safety, intellectual property, and agricultural trade. He highlights the difficulties encountered by coalitions attempting to navigate institutional systems, emerging from institutional thickness (increasing the number of institutions involved) and integration (increasing the formal linkages between those institutions). Finally, Nelson shows how increasing the hierarchy of an institutional system, by creating a focal point on a single institution, can make coordination easier for coalitions.