Agricultural Trade In The Global South

South-South Cooperation (SSC) is increasingly recognized as an effective instrument for catalyzing economic development by fostering the exchange of innovation and good practices, and expanding market opportunities across countries with a similar level of development and shared development objectives, such as those reflected in the Sustainable Development Goals (SDGs). Key to this economic cooperation are trade and investment relationships among South countries. The importance of South countries in global agrifood markets and trade has been increasing over the last two decades, with growth in their participation, as both exporters and importers, having outpaced that of North countries. Agricultural productivity growth has fueled expansion in the production of some products, while population growth and urbanization, rapid economic growth and increasing per capita incomes have contributed to growing demand for diverse food products.

Global Agricultural Trade and Developing Countries presents research findings based on a series of commodity studies of significant economic importance to developing countries. The book sets the stage with background chapters and investigations of cross-cutting issues. It then describes trade and domestic policy regimes affecting agricultural and food markets, and assesses the resulting patterns of production and trade. The book continues with an analysis of product standards and costs of compliance and their effects on agricultural and food trade. The book also investigates the impact of preferences given to selected countries and their effectiveness, then reviews the evidence on the attempts to decouple agricultural support from agricultural output. The last background chapter explores the robustness of the global gains of multilateral agricultural and food trade liberalization. Given this context, the book presents detailed commodity studies for coffee, cotton, dairy, fruits and vegetables, groundnuts, rice, seafood products, sugar, and wheat. These markets feature distorted policy regimes among industrial or middle-income countries. The studies analyze current policy regimes in key producing and consuming countries, document the magnitude of these distortions and estimate the distributional impacts - winners and losers - of trade and domestic policy reforms. By bringing the key issues and findings together in one place, Global Agricultural Trade and Developing Countries aids policy makers and researchers, both in their approach to global negotiations and in evaluating their domestic policies on agriculture. The book also complements the recently published Agriculture and the WTO, which focuses primarily on the agricultural issues within the context of the WTO negotiations.

Illustrating contemporary policy debates using both theoretical perspectives and empirical evidence, this book will appeal to academics, researchers and students specialising in political science, environmental studies, agricultural economics, management and food policy. The book will also be of interest to government practitioners in agriculture and environment departments as well as international organisations such as the EU, FAO and WTO.

How does a $16,000 subsidy per farmer in the USA translate into food insecurity for households in Cagayan Valley in the Philippines? How does a few percentage points rise in grain demand in South Korea drive up meat prices in the wet market of Valencia in Cotabato in the Philippines? This book takes us through the interaction of international trade realities and national policies, and how they impact on the survival strategies of even remote households and villages. Knowing and understanding such links raise larger and pressing considerations for development work in many communities. The need for a wider range of tools of analysis and intervention, especially in the field of economics and in macroeconomic policy-making is upon us. This book will attempt to contribute to filling that need, and, hopefully contribute also to efforts at bringing micro development concerns into macro development programmes and policies.

Past trends in intratrade; Commodity composition and salient characteristic of intrade; Roles of institutions and policies in intratrade; Expansion of South-South agricultural trade: future prospects and likely effects of trade liberalization.

This book explores the potential for policy reform as a short-term, low-cost way to sustainably enhance global food security. It argues that reforming policies that distort food prices and trade will promote the openness needed to maximize global food availability and reduce fluctuations in international food prices. Beginning with an examination of historical trends in markets and policies, Anderson assesses the prospects for further reforms, and projects how they may develop over the next fifteen years. He pays particular attention to domestic policy changes made possible by the information technology revolution, which will complement global change to deal directly with farmer and consumer concerns.