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The evolution of agricultural trade flows
 
Author:Aksoy, M. Ataman; Ng, Francis; Collection Title:Policy Research working paper ; no. WPS 5308
Country:World; Date Stored:2010/05/11
Document Date:2010/05/01Document Type:Policy Research Working Paper
SubTopics:Emerging Markets; Economic Theory & Research; Trade Policy; Free Trade; Food & Beverage IndustryLanguage:English
Major Sector:Industry and tradeRel. Proj ID:1W-Trade And Finance, Global Training And Capacity Building). -- -- P113343;
Region:The World RegionReport Number:WPS5308
Sub Sectors:Other domestic and international trade; General industry and trade sectorVolume No:1 of 1

Summary: Earlier research showed that during the 1980s and 1990s most of the global agricultural trade expansion took place among the industrial countries and among countries within trade blocs. These were also periods of declining agricultural prices. These prices increased during the 2000s, there were continuous trade reforms, and many developing countries started to support their agricultural sectors. This paper analyzes trade flows during the past two decades, and tries to measure whether all these developments have changed the trade balances and the share of different groups within the global trade flows. In addition, it looks at the trade balances on food to see the impact of these changes on net food importing countries. In conclusion, unlike the case with manufacturing, developing countries have not been able to increase their export shares in agriculture as significantly. They have maintained their trade shares by primarily expanding exports to other developing countries.

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