Should Global Agriculture be Liberalized?

1st Edition

Jean-Marc Boussard, Françoise Gerard, Marie-Gabrielle Piketty

CRC Press
Published January 10, 2008
Reference - 175 Pages
ISBN 9781578085422 - CAT# N00091

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Summary

According to standard economic theory and modelling, liberalizing agriculture will result in important welfare gains. Because of price volatility, an alternative model, based in general disequilibrium in the Wicksellian tradition, provides much less optimistic conclusions, actually supported by the recent evolution of the world agricultural system, as well as by the history of the many attempts of agricultural trade liberalization since the 18th century.

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