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Macroeconomic Consequences of Farm Support Policies (Duke Press Policy Studies)
by
Binding: Paperback, 394 pages
Publisher: Duke University Press
List Price: USD $27.95
Weight: 145
Dimension: H: 1.2 x L: 9 x W: 6 inches
ISBN 10: 0822309289
ISBN 13: 9780822309284
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Book Description:
Agricultural protectionism is a basic factor underlying the U.S. trade deficit, Third World debt, and global underemployment. Yet despite the seriousness of the problem and attention given to it by many researchers, little progress has been made in formulating and implementing policies to deal with it.The scholars and experts here assembled present for the first time a quantification and analysis of the impact upon the world economy of reduction or elimination of agricultural protectionism. They question why, give the magnitude of the problem, inferior policies endure despite the weight of evidence that they have failed. The answer they derive is that there is no general understanding of the true cost of the failure, and therefore it is necessary to initiate reform from outside agricultural circles.

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