Description
Rice has long been one of the most protected commodities in world trade. Now the probable significant liberalisation of trade in rice is likely to have huge welfare implications for many countries dependent on its production and trade, particularly those in South Asia.
This book explores the poverty and welfare implications of this liberalisation for India, Bangladesh, Pakistan and Sri Lanka, and identifies the effects on different groups within poor rice-dependent developing countries.
This book will be of great interest to researchers and policy makers, in South Asia and elsewhere, looking at the distributional consequences of multilateral trade agreements in terms of poverty and welfare within individual countries.
Contents
Chapter 1: Introduction
1.1 Background
1.2 The Scope of this Volume
1.3 Methodology for Studying the Impacts of Different Liberalisation Scenarios
1.4 Papers in this Volume and their Main Results
1.5 Concluding Remarks
Chapter 2: Global Rice Trade Liberalisation: Implications from Some Alternative Scenarios
2.1 Introduction
2.2 International Rice Market: Some Stylised Facts
2.3 Methodology
2.4 Simulation Design
2.5 Simulation Outcomes
2.6 Conclusion
Chapter 3: Poverty and Welfare Consequences of Global Rice and Agricultural Trade Liberalisation for Bangladesh
3.1 Introduction
3.2 Rice and the Bangladesh Economy
3.3 Methodology of the Study
3.4 Simulation Results
3.5 Conclusion
Chapter 4: Assessing Macroeconomic and Welfare Implications of Global Rice Trade Liberalisation for India
4.1 Introduction
4.2 Rice and the Indian Economy
4.3 Basic Modelling Framework
4.4 Data
4.5 Simulation Design and Analysis
4.6 Decomposing the Simulations
4.7 Poverty, Welfare and Inequality Analysis
4.8 Conclusion
Chapter 5: Welfare and Poverty Implications of Global Rice and Agricultural Trade Liberalisation for Pakistan
5.1 Introduction
5.2 The Rice Sector and the Pakistan Economy
5.3 The Model Structure and the Database
5.4 Results
5.5 Conclusion
Chapter 6: Impacts of Global Rice and Agricultural Market Liberalisation for Sri Lanka
6.1 Introduction
6.2 Rice and the Sri Lankan Economy
6.3 The Structure of the Model and the Social Accounting Matrix
6.4 Policy Experiments
6.5 Results of the Policy Experiments: Short-run Model
6.6 Results of the Policy Experiments: Long-run Model
6.7 Conclusion