Year of publication 2006

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Author Thomas W. Hertel;Agriculture and Economic Development Analysis Division

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Product type Document

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Edition 1

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Synopsis (short abstract) The purpose of this survey is to review the available empirical evidence on the impacts of agricultural trade liberalization on poverty – considering both the impact of domestic and international liberalization. Since trade liberalization is generally an economy-wide phenomenon, with tariff cuts occurring across a wide range of commodities, we do not restrict ourselves to episodes where only agricultural trade was liberalized, although emphasis in this survey is given to agricultural trade polic ies. Furthermore, given the difficulty of isolating the effects of trade policies alone, we will also consider the impact of other types of external shocks which have the effect of changing the relative prices of tradeable and non-tradeable goods. By examining the way in which households adjust to such external shocks, we can learn a great deal about how they would respond to sharp reductions in tariffs, or significant changes in a country’s international terms of trade engendered by multilatera l trade liberalization.

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Language Trilingual

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