Some Support Policy Options for Cotton in China
Author | : W. Martin |
Publisher | : |
Total Pages | : |
Release | : 2009 |
Genre | : Electronic book |
ISBN | : |
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Author | : W. Martin |
Publisher | : |
Total Pages | : |
Release | : 2009 |
Genre | : Electronic book |
ISBN | : |
Author | : Stephen MacDonald |
Publisher | : CreateSpace |
Total Pages | : 38 |
Release | : 2015-04-06 |
Genre | : |
ISBN | : 9781511601498 |
This report examines China's 2011-13 attempt to maintain a high level of price support for its cotton producers, analyzing the policy's motivation, its consequences to date, and the impacts of various adjustment alternatives China might pursue. With China's wages rising rapidly in recent years, cotton production costs there have been rising faster than in the rest of the world. Rising costs both helped motivate China's policymakers to strengthen their price support for cotton production in 2011 and ensured that the policy ultimately proved unsustainable. After several years of sharply lower cotton consumption and sharply rising state-owned stockpiles of cotton, China in 2014 began switching producer support to direct subsidies, and focusing support on producers in the largest producing region, Xinjiang. Additional reforms include plans to restore market forces to a leading role in determining China's cotton prices. But China's large role in world cotton markets and the unprecedented size of the Government's stocks mean that difficult choices lie ahead for China's policymakers. Policy decisions in China will continue to have a significant impact on the rest of the world, and lower Chinese import quotas for cotton could reduce world cotton prices significantly.
Author | : Wenshou Yan |
Publisher | : World Scientific |
Total Pages | : 186 |
Release | : 2020-09-10 |
Genre | : Political Science |
ISBN | : 9811218919 |
This book seeks to understand the simultaneous economic and political contributors to China's changing agricultural protection levels and the central government's choice of policy instruments to tax or assist farmers. It theoretically explores the motivation behind agricultural trade-related support policies through extending the two-sector specific factors production model to three sectors, so as to make it more relevant for a one-party state such as China. Chapter three tests that theory empirically, using panel data on agricultural distortions for the period 1981 to 2010 from Anderson and Nelgen (2013). The long-running trend in the level of assistance to the farm sector sees considerable fluctuations in support each year, which has been attributed to fluctuations in international prices of agricultural products. Chapter four seeks to explain the Chinese government's responses to world market price fluctuations. In practice, the government does have other instruments besides trade restrictions to alter domestic producer and consumer prices in the face of fluctuating international prices. Chapter five explores the role that public storage policy can play in contributing to the government's objective of stabilizing the domestic market price of farm products. The final chapter of the book draws out implications for policymakers in China and elsewhere.
Author | : Björn Alpermann |
Publisher | : Routledge |
Total Pages | : 386 |
Release | : 2010-04-05 |
Genre | : Business & Economics |
ISBN | : 1135149070 |
The cotton processing industry is a distinct sector of China’s rural economy which recently underwent a momentous transition from plan to market. China is the world’s largest producer as well as consumer of cotton, and cotton processing links the agricultural production of this important commodity to China’s booming textile industry. Alpermann examines the political economy of the cotton processing industry, analyzes the process of cotton policy making and discusses reform outcomes on a national scale and the central state’s response. He then goes on to examine the implementation of economic transformation and institutional change in two traditional cotton-growing regions, looking at how local governments and the former monopolist cope with the changes brought about by marketization. Studying the cotton industry provides a lens through which to observe the changes in the way the state governs the economy during China’s transition and helps to assess the diverging claims about the nature of the political economy in China. As such China's Cotton Industry is an essential read for anyone studying Chinese business, econmics or politics.
Author | : Bernard M. Hoekman |
Publisher | : |
Total Pages | : 766 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 0199553777 |
The Political Economy of the World Trading System is a comprehensive textbook account of the economics, institutional mechanics and politics of the world trading system. This third edition has been expanded and updated to cover developments in the World Trade Organisation (WTO) since its formation, including the Doha Round, presenting the essentials of trade negotiations and the WTO's rules and disciplines. The authors focus in particular on the WTO's role as the primary organisation through which trading nations manage their commercial interactions and the focal point for cooperation on policy responses to the rapidly changing global trading environment. It is the forum in which many features of the globalisation process are considered, and it currently faces an unprecedented set of challenges. The increasing importance of countries in Asia, Latin America and Africa in international trade relations, the revealed preference towards regionalism, intensification of trade conflicts, the role of business groups and NGOs in trade policy formation and negotiations, and pressures for more leadership in an institution threatened by paralysis are examples of issues that are discussed in some detail; all are critical for the operation of the system and for international business in the coming decade. This edition also includes numerous real-world examples to illustrate how the WTO impinges on business, workers and households, written from the perspective of managers and business associations. An insider's view of the institutional history of the WTO allows the authors to use a variety of conceptual tools to analyse the working of the WTO in a non-technical manner. Suggestions for Further Reading at the end of each chapter and an extensive bibliography make the volume suitable both for introductory and postgraduate courses on international economics and business, international relations, and international economic law.
Author | : Harry G. Broadman |
Publisher | : World Bank Publications |
Total Pages | : 252 |
Release | : 1996-01-01 |
Genre | : Political Science |
ISBN | : 9780821336861 |
Annotation World Bank Discussion Paper No. 335. Presents the proceedings of a high-level international symposium on Chinese state-owned enterprise reform held in Beijing, China, June 1995. This report includes five policy option papers presented by Chinese officials and one presented by the World Bank Group that makes recommendations for reform on the basis of the Group's international experience in this area.
Author | : Nimmi Kurian |
Publisher | : Lancer Publishers |
Total Pages | : 238 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 8170621100 |
The New Strategy Which China Has Pursued Since The End Of The 1970S Is Sure To Effect A Total Transformation Of Not Just Its Economy But Also Of Its Very Identity. China`S New Image Promises To Be A Fascinating And Challenging One. A Fast Modernising India And China Wll Find Several Opportunities For Cooperation Just As They Will Find Several Others On Which They Wll Compete. Competition And Rivalry Need Not And Should Not Prevent Cooperation Wherever It Is Possible.
Author | : |
Publisher | : |
Total Pages | : 258 |
Release | : 2010 |
Genre | : China |
ISBN | : |
Author | : Fred Gale |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 54 |
Release | : 2014-04-04 |
Genre | : Agricultural industries |
ISBN | : 9781497528734 |
China is perhaps the most prominent example of a developing country that has transitioned from taxing to supporting agriculture. In recent years, Chinese price supports and subsidies have risen at an accelerating pace after they were linked to rising production costs. Per-acre subsidy payments to grain producers now equal 7 to 15 percent of those producers' gross income, but grain payments appear to have little influence on production decisions. Chinese authorities began raising price supports annually to bolster incentives, and Chinese prices for major farm commodities are rising above world prices, helping to attract a surge of agricultural imports. U.S. agricultural exports to China tripled in value during the period when China's agricultural support was accelerating. Overall, China's expansion of support is loosely constrained by World Trade Organization (WTO) commitments, but the country's price-support programs could exceed WTO limits in coming years. Chinese officials promise to continue increasing domestic policy support for agriculture, but the mix of policies may evolve as the Chinese agricultural sector becomes more commercialized and faces competitive pressures.
Author | : Robert L. Paarlberg |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 202 |
Release | : 2001-09-17 |
Genre | : Business & Economics |
ISBN | : 0801868238 |
Genetically modified (GM) food crops have inspired increasing controversy over the past decade. By the mid-1990s they were widely grown in the U.S., Canada, and Argentina, but precautionary regulations continue to limit their use elsewhere. The restrictive policies of Europe and Japan toward GM crops have been much discussed. Less attention has been paid to the policies affecting the adoption of GM crops in the developing world, where their potential impact on the availability and quality of food is even greater. In this book Robert Paarlberg looks at the policy choices regarding GM food made by four important developing countries: Kenya, Brazil, India, and China. Of these, so far only China has approved the planting of GM crops. Paarlberg identifies five policy areas in which governments of developing countries can either support or discourage GM crops: intellectual property rights, biosafety, trade, food safety, and public research and investment. He notes that highly cautious biosafety policies have so far been the key reason that Kenya, Brazil, and India have hesitated to plant GM crops. These cautious policies have been strongly reinforced by international market forces and international diplomatic and NGO pressures. China has been less cautious toward GM crops, in part because there is less opportunity in China for international organizations or independent critics of GM crops to challenge official policy.