Dairy Policy Reform And Trade Liberalisation
Publisher: Organization for Economic
Published: October 20, 2005
Language: eng
Format: Paperback
Number of pages: 165
ISBN-13: 9789264011595
Subjects: Reference - General; Business & Economics; Dairy products industry; Free trade; Government policy; Milk trade; Business/Economics
Description: This report is an attempt to improve understanding of the dairy sector through an analysis of the trade and economic effects of the main policy measures (subsidies) applied to it. In particular, it examines the effects of both milk price support measures and milk quota systems. The removal of individual policy measures is modelled in order to assess the impact of international dairy trade liberalisation on production, consumption, trade, prices, income, and welfare. The primary focus of this report is the impact of policies and reform in the OECD area, although the consequences for other economies are also examined. In addition, this report offers economic insights into the workings of complex dairy policy measures and provides a discussion of the potential of the dairy sector -- globally and in individual countries -- as it adjusts to liberal trading conditions.