G2TT
来源类型Discussion paper
规范类型论文
来源IDDP624
DP624 Transition Problems in Economic Reform: Agriculture in the Mexico-US Free Trade Agreement
Sweder van Wijnbergen; Santiago Levy
发表日期1992-02-29
出版年1992
语种英语
摘要At what speed should Mexican agriculture be incorporated into the North American Free Trade Agreement (FTA)? What policies should characterize the transition? We use Mexican agriculture as a case study to analyse the transition problems that arise in most major economic reforms. In particular, European Community (EC) farmers can expect similar problems if the Common Agricultural Policy (CAP) is dismantled and/or Eastern Europe gains unrestricted access to the EC's farm product markets. We focus on the implications for policy design of the absence of efficient capital markets, on the welfare costs of reforming only gradually, on incentive problems created by trade adjustment policies and on the redistributive aspects of policy reform in the presence of realistic limits on available intervention instruments. Our key point is that adjustment should focus on increasing the value of the assets owned by the groups affected, and not on direct income transfers or programmes targeting output or other characteristics controlled by the beneficiaries. We target adjustment on what people have, as opposed to what people do.
主题International Trade and Regional Economics
关键词Economic reform Mexico-us fta Transition problems
URLhttps://cepr.org/publications/dp624
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529785
推荐引用方式
GB/T 7714
Sweder van Wijnbergen,Santiago Levy. DP624 Transition Problems in Economic Reform: Agriculture in the Mexico-US Free Trade Agreement. 1992.
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