Political Economy of Public Policies : Insights from Distortions to Agricultural and Food Markets

The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but p...

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Bibliographic Details
Main Authors:	Anderson, Kym, Rausser, Gordon, Swinnen, Johan
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ADVANCED ECONOMIES AGREEMENT ON AGRICULTURE AGRIBUSINESS AGRICULTURAL COMMODITIES AGRICULTURAL EXPORT AGRICULTURAL EXPORT SUBSIDIES AGRICULTURAL EXPORTS AGRICULTURAL INDUSTRIES AGRICULTURAL INTERESTS AGRICULTURAL MARKETS AGRICULTURAL OUTPUT AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL PRICE AGRICULTURAL PRICE SUPPORTS AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURAL PROTECTION AGRICULTURAL RESEARCH AGRICULTURAL SECTOR AGRICULTURAL SECTORS AGRICULTURAL TRADE AGRICULTURE ALLOCATION BARRIERS TO ENTRY BORDER MEASURES CLIMATE COMMODITIES COMMODITY COMMODITY PRICE COMMODITY PRICES COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONSUMERS CONSUMPTION PATTERNS COST REDUCTION COTTON CROPS CURRENCY DAIRY DECISION MAKING DEMOCRACIES DEMOCRACY DEMOCRATIC REFORMS DEREGULATION DEVALUATION DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT POLICY DIRECT PAYMENTS DISTRIBUTION OF INCOME DISTRIBUTIONAL EFFECTS DOMESTIC CONSUMERS DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES DOMESTIC PRODUCER DOMESTIC PRODUCERS ECONOMETRIC ANALYSES ECONOMETRIC MODELS ECONOMIC ANALYSIS ECONOMIC DECISION MAKING ECONOMIC DEVELOPMENT ECONOMIC EQUILIBRIUM ECONOMIC GROWTH ECONOMIC REFORMS ECONOMIC STRUCTURE ECONOMIC THEORY ECONOMIC THOUGHT ECONOMIC WELFARE ECONOMICS LITERATURE EXCHANGE RATES EXPORT EXPORT SUBSIDIES EXPORTS EXTERNALITIES FARM FARM EMPLOYMENT FARM INCOME FARM INCOMES FARM PRODUCTS FARMERS FARMS FEED FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL SUPPORT FISCAL POLICY FLEXIBLE EXCHANGE RATES FOOD PRICES FOOD PRODUCTS FOOD SECURITY FOREIGN EXCHANGE FREE MARKETS FREE TRADE FUTURE GROWTH GDP GLOBAL OUTPUT GLOBAL POVERTY GLOBALIZATION GOVERNMENT EXPENDITURES GOVERNMENT POLICIES GRAIN GROSS VALUE HOUSEHOLDS IMPORT BARRIERS IMPORT TARIFFS IMPORTS INCOME INCOME DISTRIBUTION INCOME GROUP INCOME INEQUALITY INCOME TAXES INCOMES INDUSTRIAL ECONOMY INDUSTRIALIZATION INFORMATION TECHNOLOGIES INSURANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL TRADE LAND USE LIBERALIZATION LIBERALIZATIONS LIVESTOCK LOW-INCOME COUNTRIES MACRO-ECONOMIC POLICY MACROECONOMIC POLICY MARGINAL UTILITY MARKET DEVELOPMENTS MARKET DISTORTIONS MARKET ENTRY MARKET OUTCOMES MARKET PRICES MARKET STRUCTURES MARKETING QUOTAS MIDDLE-INCOME COUNTRIES MILK MOBILIZATION MONETARY FUND MONETARY POLICY MULTILATERAL TRADE ORGANIZATIONAL STRUCTURES OUTPUTS PARTICULAR COUNTRY PER CAPITA INCOME POLICY ANALYSIS POLICY DEVELOPMENTS POLICY DISCUSSIONS POLICY REGIME POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL ECONOMY POLITICAL POWER POLITICAL REGIME POLITICAL REGIMES POLITICAL SYSTEMS PORK POULTRY PRICE DISTORTION PRICE DISTORTIONS PRICE FLUCTUATIONS PRICE SUBSIDIES PRICE SUPPORT PRIVATIZATION PRODUCTION INCREASES PROGRESS PROTECTIONISM PUBLIC POLICIES PUBLIC POLICY QUANTITATIVE IMPORT RESTRICTIONS QUANTITATIVE INDICATORS QUANTITATIVE MEASURES QUANTITATIVE RESTRICTIONS RAPID GROWTH RATE OF RETURN REAL INCOME REGRESSION ANALYSIS RELATIVE PRICE RELATIVE PRICES RESOURCE ALLOCATION RESOURCE ECONOMICS RESPECT RICHER COUNTRIES ROUND OF MULTILATERAL TRADE NEGOTIATIONS RURAL AREAS RURAL DEVELOPMENT RURAL INFRASTRUCTURE SCENARIOS SMALL COUNTRIES SUBSTITUTION SUGAR SUNK COSTS TARGET PRICES TARIFF BARRIERS TAX TAXATION TOTAL COSTS TRADE BARRIERS TRADE DISTORTING TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE TAX TRADE TAXES TRADING PARTNERS TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY TYPES OF INSTRUMENTS UNEMPLOYMENT URUGUAY ROUND VOLATILITY VOLUME VOTERS WEALTH WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17659694/political-economy-public-policies-insights-distortions-agricultural-food-markets-political-economy-public-policies-insights-distortions-agricultural-food-markets http://hdl.handle.net/10986/15575

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Summary:	The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This paper reviews and synthesizes the literature on trends and fluctuations in market distortions and the political-economy explanations that have been advanced. Based on a rich global data set covering a half-century of evidence on commodities, countries, and policy instruments, the paper identifies hypotheses that have been explored in the literature on the extent of market distortions and the conditions under which reform may be feasible.

Political Economy of Public Policies : Insights from Distortions to Agricultural and Food Markets

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