Political Economy of Public Policies : Insights from Distortions to Agricultural and Food Markets

• Tác giả: Gordon Rausser
• Ngôn ngữ: eng
• Ký hiệu phân loại: 330 Economics
• Thông tin xuất bản: World Bank, Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 324613
• Chủ đề: 1. ADVANCED ECONOMIES; 2. AGREEMENT ON AGRICULTURE; 3. AGRIBUSINESS; 4. AGRICULTURAL COMMODITIES; 5. AGRICULTURAL EXPORT

Tóm tắt

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.