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Political economy of public policies : insights from distortions to agricultural and food markets, Volume 1
 
Author:Anderson, Kym; Rausser, Gordon; Swinnen, Johan; Country:World;
Date Stored:2013/05/02Document Date:2013/05/01
Document Type:Policy Research Working PaperSubTopics:Economic Theory & Research; Emerging Markets; Climate Change Economics; Agribusiness; Population Policies
Language:EnglishRegion:The World Region
Report Number:WPS6433Collection Title:Policy Research working paper ; no. WPS 6433
Volume No:1  

Summary: The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This paper reviews and synthesizes the literature on trends and fluctuations in market distortions and the political-economy explanations that have been advanced. Based on a rich global data set covering a half-century of evidence on commodities, countries, and policy instruments, the paper identifies hypotheses that have been explored in the literature on the extent of market distortions and the conditions under which reform may be feasible.

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