The Political Economy of Agricultural and Food Policies
The Political Economy of Agricultural and Food Policies
By:Johan Swinnen
Published on 2018-05-24 by Springer
Food and agriculture have been subject to heavy-handed government interventions throughout much of history and across the globe, both in developing and in developed countries. Today, more than half a trillion US dollars are spent by some governments to support farmers, while other governments impose regulations and taxes that hurt farmers. Some policies, such as price regulations and tariffs, distribute income but reduce total welfare by introducing economic distortions. Other policies, such as public investments in research, food standards, or land reforms, may increase total welfare, but these policies come also with distributional effects. These distributional effects influence the preferences of interest groups and in turn influence policy decisions. Political considerations are therefore crucial to understand how agricultural and food policies are determined, to identify the constraints within which welfare-enhancing reforms are possible (or not), and finally to understand how coalitions can be created to stimulate growth and reduce poverty.
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Book which was published by Springer since 2018-05-24 have ISBNs, ISBN 13 Code is 9781137501028 and ISBN 10 Code is 1137501022
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