Description

According to standard economic theory and modelling, liberalizing agriculture will result in important welfare gains. Because of price volatility, an alternative model, based in general disequilibrium in the Wicksellian tradition, provides much less optimistic conclusions, actually supported by the recent evolution of the world agricultural system, as well as by the history of the many attempts of agricultural trade liberalization since the 18th century.

Should Global Agriculture be Liberalized?

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Paperback / softback by Jean-Marc Boussard , Françoise Gerard

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According to standard economic theory and modelling, liberalizing agriculture will result in important welfare gains. Because of price volatility, an... Read more

    Publisher: Taylor & Francis Inc
    Publication Date: 10/01/2008
    ISBN13: 9781578085422, 978-1578085422
    ISBN10: 157808542X

    Number of Pages: 175

    Non Fiction , Business, Finance & Law

    Description

    According to standard economic theory and modelling, liberalizing agriculture will result in important welfare gains. Because of price volatility, an alternative model, based in general disequilibrium in the Wicksellian tradition, provides much less optimistic conclusions, actually supported by the recent evolution of the world agricultural system, as well as by the history of the many attempts of agricultural trade liberalization since the 18th century.

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