By Organisation for Economic Co-Operation and Development
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Additional info for Agricultural Trade and Poverty: Making Policy Analysis Count
First, obviously, the focus on the work was only on the links between trade and food security, even though this is certainly not the only source of food insecurity problems nor the only cure available. Second, the nature of the model restricted the focus to the aggregate level. Thus, the results tend to be national averages and the food security of selected individuals or groups will be improved or damaged to a greater degree than the average results would indicate. Third, of course, the general assumptions underlying the representation of markets remain relevant in this work as well.
Hong Kong and Singapore have no agriculture production. 43 The United States The United States has a myriad of policies affecting agriculture. We focus on the main key policy instruments relevant to our trade liberalisation analysis. Since 1997, the United States has been following an opposite route to the European Union, increasing farm support levels to most commodities including exportable crops through three major instruments. First, decoupled payments, the “production flexibility contracts” of the 1996 farm bill, subsidise farming activities although they have no production requirements, but inflate land prices.
Lagged effects in agricultural commodities production processes are fairly common in the annual intervals of Aglink, with crop and livestock production possibilities in any year determined, in part, by producers’ decisions in previous years regarding area planted or breeding animal stocks. For example, a falling market crop price will typically lead to lower yields and less area planted after some delay, thereby reducing future production, while encouraging greater stock accumulation which will increase supply in the subsequent year.
Agricultural Trade and Poverty: Making Policy Analysis Count by Organisation for Economic Co-Operation and Development