Open Economies Structural Adjustment and Agriculture [Hardcover]

Examines the interaction between macroeconomic and agricultural sector reforms in developing and East European economies.The interaction between macroeconomic and agricultural sector reforms is of vital importance to developing and East European economies. The papers in this volume adopt an open economy perspective to reform, and throw light on the sequencing of reforms in the context of structural adjustment and 'intersectoral imbalance'.The interaction between macroeconomic and agricultural sector reforms is of vital importance to developing and East European economies. The papers in this volume adopt an open economy perspective to reform, and throw light on the sequencing of reforms in the context of structural adjustment and 'intersectoral imbalance'.The interaction between macroeconomic and agricultural sector reforms is of vital importance to developing and East European economies, whose agricultural sectors account for major shares of economic activity and income. Derived from a conference organized jointly by the Centre for Economic Policy Research and the OECD Development Centre, the papers in this volume adopt an open economy perspective to reform.List of figures; List of tables; Preface Louis Emmerij and Richard Portes; Acknowledgements; List of conference participants; 1. Introduction: from macro to maize Ian Goldin and L. Alan Winters; Part I. Open Economy Analysis: 2. Sequencing and welfare: labour markets and agriculture Sebastian Edwards; 3. Agricultural adjustment and the Mexico-USA free trade agreement Santiago Levy and Sweder Van Wijnbergen; 4. Do the benefits of fixed exchange rates outweigh their costs? The CFA Zone in Africa Shantayanan Devarajan and Dani Rodrik; 5. Adjustment and the rural sector: a counterfactual analysis of Morocco Francois Bourguignon, Christian Morrisson and Akito Suwa; Part II. The Small Country Assumption and Trade Reform: 6. Exchange reforms, supply response and inflation in Africa Ajay Chhibber; 7. Taxes versus quotaslc”