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Distortions to Agricultural Incentives in Australia and New Zealand / Kym Anderson.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Anderson, Kym.
- Series:
- Other papers
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Agricultural Sector Economics.
- Agricultural Subsidies.
- Agricultural Trade.
- Agriculture.
- Barley.
- Commodity Prices.
- Consumers.
- Dairy Products.
- Debt.
- Deregulation.
- Developed countries.
- Developing countries.
- Economic Development.
- Economic policy.
- Environmental Policy.
- Foreign exchange rates.
- Expenditures.
- Financial Sector.
- Fiscal Policy.
- Food Processing.
- Foreign Direct Investment.
- GDP.
- Globalization.
- Horticultural Crops.
- Income tax.
- Inflation.
- Interest Rates.
- International Finance.
- Livestock.
- Living Standards.
- Logging.
- Macroeconomics and Economic Growth.
- Marketing.
- Monetary Policy.
- Natural Resources.
- Political Economy.
- Privatization.
- Protectionism.
- Public Policy.
- Savings.
- Telecommunications.
- Total Factor Productivity.
- Trade Barriers.
- Trade Liberalization.
- Trade Policy.
- Unemployment.
- World Development Indicators.
- World Trade Organization.
- New Zealand.
- Australia.
- Local Subjects:
- Agricultural Sector Economics.
- Agricultural Subsidies.
- Agricultural Trade.
- Barley.
- Commodity Prices.
- Consumers.
- Dairy Products.
- Debt.
- Deregulation.
- Economic Development.
- Environmental Policy.
- Expenditures.
- Financial Sector.
- Fiscal Policy.
- Food Processing.
- Foreign Direct Investment.
- GDP.
- Globalization.
- Horticultural Crops.
- Inflation.
- Interest Rates.
- International Finance.
- Livestock.
- Living Standards.
- Logging.
- Macroeconomics and Economic Growth.
- Marketing.
- Monetary Policy.
- Natural Resources.
- Political Economy.
- Protectionism.
- Public Policy.
- Savings.
- Telecommunications.
- Total Factor Productivity.
- Trade Barriers.
- Trade Liberalization.
- Trade Policy.
- World Development Indicators.
- World Trade Organization.
- Place of Publication:
- Washington, D.C. : The World Bank, 2008.
- System Details:
- data file
- Summary:
- In 1990, Australia and New Zealand were ranked around 25th and 37th in terms of Gross National Product (GNP) per capita, having been the highest-income countries in the world one hundred years earlier. Those countries relatively poor economic growth performance over that long period contrasts markedly with that of the past 15 years, when these two economies out-performed most other high-income countries. This difference in growth performance is due to major economic policy reforms during the past two to three decades, both at and behind the border. The report provide new evidence on the extent of governmental distortions to agricultural incentives in particular in the Australian and New Zealand economies since the late 1940s, both directly due to agricultural policies per se and indirectly (and negatively) through protection to manufacturing.
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