Despite numerous policy reforms since the 1980s, farm product prices remain heavily distorted in both high-income and developing countries. This book seeks to i
An economy does not always work according to idealized textbook models. Frequently, economic systems are subject to wide-ranging distortions and require remedy
Winner of the European Association of Agricultural Economists Book Award Food and agriculture have been subject to heavy-handed government interventions through
Most of the world's poorest people depend on farming for their livelihood. Earnings from farming in low-income countries are depressed partly due to a pro-urban