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"he International Economics of Wine provides a broad range of studies by Professor Kym Anderson and his co-authors of the international trade dimension of national, regional and global wine market developments over the past quarter-century. Prior to 1990, barely 10% of global wine production crossed national borders, but now that figure is 40%. In that short period, wine has switched from being one of the world's least-traded agricultural products to one of the most traded internationally. This has created an unprecedented boom for consumers, who have also witnessed huge improvements in the quality and diversity of wines available. The chapters in this book shed light on the causes and consequences of the dramatic transformation of the world of wine. An economic model of the world's wine markets, based on newly compiled data, makes it possible to quantify the likely effects of changes in incomes, consumer preferences, tax and trade policies, and exchange rates. Differential changes in technologies and winegrape varieties, and the opening up of cooler wine regions, have also altered comparative advantages in wine."--

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

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.

Despite numerous policy reforms since the 1980s, farm product prices remain heavily distorted in both high-income and developing countries. This book seeks to improve our understanding of why societies adopted these policies, and why some but not other countries have undertaken reforms. Drawing on recent developments in political economy theories and in the generation of empirical measures of the extent of price distortions, the present volume provides both analytical narratives of the historical origins of agricultural protectionism in various parts of the world and a set of political econometric analyses aimed at explaining the patterns of distortions that have emerged over the past five decades. These new studies shed much light on the forces affecting incentives and those facing farmers in the course of national and global economic and political development. They also show how those distortions might change in the future

"Despite numerous policy reforms since the 1980s, farm product prices remain heavily distorted in both high-income and developing countries. This book seeks to improve our understanding of why societies adopted these policies, and why some but not other countries have undertaken reforms. Drawing on recent developments in political economy theories and in the generation of empirical measures of the extent of price distortions, the present volume provides both analytical narratives of the historical origins of agricultural protectionism in various parts of the world and a set of political econometric analyses aimed at explaining the patterns of distortions that have emerged over the past five decades. These new studies shed much light on the forces affecting incentives and those facing farmers in the course of national and global economic and political development. They also show how those distortions might change in the future - or be changed by concerted actions to offset pressures from vested interests"--

"Despite numerous policy reforms since the 1980s, farm product prices remain heavily distorted in both high-income and developing countries. This book seeks to improve our understanding of why societies adopted these policies, and why some but not other countries have undertaken reforms. Drawing on recent developments in political economy theories and in the generation of empirical measures of the extent of price distortions, the present volume provides both analytical narratives of the historical origins of agricultural protectionism in various parts of the world and a set of political econometric analyses aimed at explaining the patterns of distortions that have emerged over the past five decades. These new studies shed much light on the forces affecting incentives and those facing farmers in the course of national and global economic and political development. They also show how those distortions might change in the future - or be changed by concerted actions to offset pressures from vested interests"--

The fifth and last volume in the 'Distortions to Agricultural Incentives' series focus on distortions to agricultural incentives from a global perspective.During the 1960s and 1970s most developing countries imposed anti-agricultural policies, while many high-income countries restricted agricultural imports and subsidized their farmers. Both sets of policies inhibited economic growth and poverty alleviation in developing countries. Since the 1980s, however, many developing countries began to reverse that policy trend. This book brings together the first-ever comprehensive and consistent set of estimates of the changing extent of those distortions over the past half-century. Those estimates show when each country's reforms began, how rapidly and completely they have progressed, how much of the improved incentives for farmers is due to reform of agricultural as compared with non-agricultural policies, which have 'overshot' to become agricultural protectionists like many high-income countries, and to what extent an anti-trade bias remains. Also provided are analytical narratives of the evolution of farm versus non-farm policies in each of dozens of countries, covering in aggregate around 90 percent of agricultural output and 95 percent of the world economy. Such a comprehensive coverage exposes also the different degrees to which the key agricultural product markets have been and still are distorted. The book concludes with new estimates of the effects of reforms since the early 1980s and of current policies - agricultural vs industrial - on such things as global goods markets, national economic welfare, and net farm incomes in all the major developing and high-income countries.

The implications of national and global economic growth, of regional and multilateral trade liberalization initiatives, and of Indonesia's ongoing unilateral policy reforms were the initial focus of the study. However, with the onslaught of the financial crisis that began in the latter part of 1997, the project leaders added that issue to the research agenda

This two-volume collection brings together the first 53 Joseph Fisher Lectures in economics and commerce, presented at the Adelaide University every other year since 1904. The Lectures address a wide range of Australian economic issues, in addition to some international economic issues of national significance

This two-volume collection brings together the first 53 Joseph Fisher Lectures in economics and commerce, presented at the Adelaide University every other year since 1904. Funds for the Lectures, together with a medal for the top accounting student each year, were kindly provided by a £1,000 endowment to the University by the prominent Adelaide businessman Joseph Fisher in 1903. The Lectures address a wide range of Australian economic issues, in addition to some international economic issues of national significance. They have stood the test of time extremely well, while also providing a reminder of the events and concerns that were prominent at different times during the past century.

This two-volume collection brings together the first 53 Joseph Fisher Lectures in economics and commerce, presented at the Adelaide University every other year since 1904. Funds for the Lectures, together with a medal for the top accounting student each year, were kindly provided by a £1,000 endowment to the University by the prominent Adelaide businessman Joseph Fisher in 1903. The Lectures address a wide range of Australian economic issues, in addition to some international economic issues of national significance. They have stood the test of time extremely well, while also providing a reminder of the events and concerns that were prominent at different times during the past century.

This absorbing book examines the period of massive structural adjustment taking place in the wine industry. For many centuries wine was very much a European product. While that is still the case today - three-quarters of world wine production, consumption and trade involve Europe and most of the rest involves just a handful of New World countries settled by Europeans - the importance of exports from non-European countries has risen dramatically over the past decade

The changing patterns of production and trade in fibres, textiles and clothing provide a classic case study of the dynamics of our interdependent world economy. For centuries Asia supplied the textile factories of Europe with natural fibres, including silk from East Asia exports virtually no natural fibres and instead is the world's most important exporter of manufactured textile products and chief importer of fibres. New Silk Roads, first published in 1992, demonstrates that despite the import barriers erected by advanced economies, textiles and clothing production continues to serve as an engine of growth for developing economies seeking to export their way out of poverty. This book is based on selected papers given at a conference which discussed East Asia's role in world fibre, textile and clothing markets. It draws on trade and development theory as well as on historical evidence to trace the development of these changing markets, which are now dominated by the newly industrialized economies of Korea, Taiwan and Hong Kong and, increasingly, China and Thailand