The Political Economy of Agricultural and Food Policies By Johan Swinnen
English | EPUB | 2018 | 264 Pages | ISBN : 1137501014 | 4.42 MB
Food and agriculture have been subject to heavy-handed government interventions throughout much of history and across the globe, both in developing and in developed countries. Today, more than half a trillion US dollars are spent by some governments to support farmers, while other governments impose regulations and taxes that hurt farmers. Some policies, such as price regulations and tariffs, distribute income but reduce total welfare by introducing economic distortions.