3. Free Trade in Agriculture and Global Poverty

  1. David Greenaway
  1. Maurizio Bussolo,
  2. Rafael De Hoyos and
  3. Denis Medvedev

Published Online: 2 MAY 2012

DOI: 10.1002/9781118321362.ch3

The World Economy: Global Trade Policy 2011

The World Economy: Global Trade Policy 2011

How to Cite

Bussolo, M., De Hoyos, R. and Medvedev, D. (2012) Free Trade in Agriculture and Global Poverty, in The World Economy: Global Trade Policy 2011 (ed D. Greenaway), John Wiley & Sons, Ltd, Chichester, UK. doi: 10.1002/9781118321362.ch3

Author Information

  1. World Bank, Washington, DC, USA

Publication History

  1. Published Online: 2 MAY 2012
  2. Published Print: 29 MAY 2012

ISBN Information

Print ISBN: 9781444367003

Online ISBN: 9781118321362

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Keywords:

  • agricultural trade, impact of removing trade distortions on GIDD;
  • free trade in agriculture and global poverty;
  • trade liberalisation, welfare increasing, with income redistribution;
  • cost of agricultural distortions, the stake;
  • income inequality, from the GIDD;
  • GIDD methodology, global income data and differences in poverty;
  • removal of agricultural distortions, income effects on countries;
  • transition, trade theory to real-world, serious challenges;
  • GIDD's framework, and microsimulation methodologies;
  • LINKAGE model, poverty outcomes and GIDD, the shocks close to zero

Summary

This chapter contains sections titled:

  • Introduction

  • What is at Stake? The Initial Position of Farmers and the Potential Benefits or Cost of Agricultural Distortions

  • Methodology

  • What Happens to Poverty and Income Distribution when Agriculture Trade Distortions are Removed?

  • Conclusions and Policy Messages

  • Appendix

  • References