The effects of climate change on agriculture raise major food security concerns. We use a global economy-wide model to assess the effects on farm product prices of expected yield changes. Also modelled is an expected adverse effect of higher temperatures and humidity in the tropics on the...

Rapid economic growth in some emerging economies in recent decades has significantly increased their global economic importance. If this rapid growth continues and is strongest in resource-poor Asian economies, the growth in global demand for imports of primary products also will continue, to...

Trade policy reforms in recent decades have sharply reduced the distortions that wereharming agriculture in developing countries, yet global trade in farm products continues to befar more distorted than trade in nonfarm goods. Those distortions reduce some forms ofpoverty and inequality but...

Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in developing countries, yet global trade in farm products continues to be far more distorted than trade in nonfarm goods. Those distortions reduce some forms of poverty and inequality but...