Global Agricultural Trade and Developing Countries
5 World Trade Review 308 (2006)
5 Pages Posted: 22 Nov 2014
Date Written: 2006
This article reviews Global Agricultural Trade and Developing Countries, edited by M.A. Aksoy & J.C. Beghin (Washington DC: World Bank, 2004). The book examines key issues in agricultural trade policy that are of particular significance to developing countries. The book’s strength is its painstaking research and detailed and exhaustive analysis of agricultural trade and production policies in a variety of countries and across a variety of commodities. The book provides a clear explanation of the market distortions caused by agricultural protectionism and of the distributional impacts of agricultural trade liberalization. The book’s weakness is its failure to integrate its analysis and recommendations into broader debates about economic development, especially the relationship among agricultural production, industrial policy, and environmental protection. While there is a rich interdisciplinary literature addressing these issues, the book confines itself to extolling the benefits of agricultural trade liberalization without probing the long-term economic and ecological implications of its policy recommendations.
Keywords: international trade, developing countries, agriculture, industrial policy, environmental protection, World Bank, protectionism, trade liberalization
JEL Classification: F13, F18, F54, Q17, Q56, N50, O24, K32, K33
Suggested Citation: Suggested Citation