This paper estimates farmer decisions between three discrete occupational choices: exit and close down the farming operation (1), exit and transfer the farm to a new entrant (2), or continue farming and retain the option to exit later on (3). The farmer optimisation problem is formulated as a...

In the past, a rather late realization of acute and large-scale food shortages often contributed to insufficient preventive or remedial action. Against this backround a Working Party set up by the FAO Committee on World Food Security has suggested a number of "objective indicators" which are...

Bangladesh is handicapped by very unfavourable natural conditions, inter alia extreme floods and droughts, an unfavourable pattern of farm sizes and the consequences of rising oil prices. For these reasons agricultural production lagged behind the planned targets in the first two years of the...

Agriculture is undoubtedly the most important and controversial topic in the ongoing Uruguay Round of the GATT. Can a compromise between the divergent positions of the EC and the USA on agricultural trade be found? Does the Uruguay Round mark a turning point for the EC's Common Agricultural Policy?