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Where
Will Demographics Take the Asia-Pacific Food System? assesses
the impact of expanded urbanization, variability in population growth
and immigration, and aging populations on the Asia-Pacific food
system. The ability of developing countries to adjust to rapid urbanization
will be the most important demographic challenge, testing the region's
capacity to deliver a steady flow of safe, reasonably priced food.
Many factors determine the Structure
of the Global Markets for Meat, including the relative availability
of resources for raising and processing animals for meat. Countries'
preferences for various cuts of meat provide opportunities for
international
trade. South Korea has been one of the largest markets for U.S.
meat exports.
International Evidence on Food
Consumption Patterns analyzes expenditures across 114 countries
on major consumption categories, including food and different food
subcategories. Results indicate poorer countries are more responsive
to price and income changes and also allocate larger shares of their
total budget to necessities such as food.
Structural Change and Agricultural
Protection: Costs of Korean Agricultural Policy, 1975 and 1990
provides an overview of South Korea's agricultural policy goals
and outcomes in a period of rapid economic development. Protection
of agriculture skewed farmers' choices of crops and tended to keep
labor in agriculture (and out of manufacturing and services),
resulting
in misallocation of resources. Despite the sharp decline of agriculture's
importance in South Korea's general economy, high import barriers
continued, incurring greater costs to the economy in 1990 than
in 1975.
South
Korea's Agricultural Policy Hampered Economic Growth examines
the impacts of the country's agricultural trade barriers. South
Korea's protective policies kept resources in agriculture, which,
combined with high food prices, limited growth in the manufacturing
and services sectors.
Economics of Tariff-Rate Quota
Administration discusses South Korea's quotas and uses its wheat
market as a case study of what can happen when a quota system is
dropped.
The Road Ahead: Agricultural Policy
Reform in the WTO—Summary Report calculates the possible
effects of various multilateral trade liberalization scenarios on
South Korea's agricultural markets.
The Financial Crisis
Hit Korean Agricultural Imports Hard details how the 1997 international
financial crisis severely battered South Korea's ability to import,
and how it altered government policies regarding finance and foreign
investment, and sent the economy into an abrupt, steep recession.
Meat Imports by Japan and
South Korea Projected Higher explains why meat imports by East
Asia are likely to grow: declining competitiveness of domestic livestock
production, differences in tastes for cuts of meat, and increasing
overall meat consumption make East Asia a natural importing region.
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