The Evolution of Agricultural Trade Flows
Earlier research showed that during the 1980s and 1990s most of the global agricultural trade expansion took place among the industrial countries and among countries within trade blocs. These were also periods of declining agricultural prices. Thes...
Main Authors: | , |
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Language: | English |
Published: |
2012
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Subjects: | |
Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100511131430 http://hdl.handle.net/10986/3793 |
Summary: | Earlier research showed that during the
1980s and 1990s most of the global agricultural trade
expansion took place among the industrial countries and
among countries within trade blocs. These were also periods
of declining agricultural prices. These prices increased
during the 2000s, there were continuous trade reforms, and
many developing countries started to support their
agricultural sectors. This paper analyzes trade flows during
the past two decades, and tries to measure whether all these
developments have changed the trade balances and the share
of different groups within the global trade flows. In
addition, it looks at the trade balances on food to see the
impact of these changes on net food importing countries. In
conclusion, unlike the case with manufacturing, developing
countries have not been able to increase their export shares
in agriculture as significantly. They have maintained their
trade shares by primarily expanding exports to other
developing countries. |
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