As indicated by the high level of food prices and volatility thereof, the international food and agricultural trade has been characterized by increasing uncertainty in recent years. Macroeconomic fluctuations seem to affect food and agricultural markets more strongly than in the past. The liberalization of agricultural policy, especially in industrialized countries, and the integration of world markets expose actors on domestic as well as on foreign markets to increased exchange rate and price fluctuations. This book investigates the determinants of food and agricultural trade flows of European countries using various econometric approaches. Where each of the chapters focuses on a particular issue, the overall topic of the first part of this book is to identify by what means the trend towards general liberalization and especially European integration has affected the amount of bilateral trade. Moreover, in the second part the book investigates the strategic pricing behavior of European producers in a liberalized global economy and elaborates how this behavior effects trade flows.

The Economics of European Agriculture explains the demand and supply characteristics of agricultural markets, as well as government intervention in agriculture, with an emphasis on the Common Agricultural Policy (CAP). Bernadette Andreosso-O'Callaghan also analyses the fifth enlargement and its implications for agriculture in Europe, technology and innovation, and agricultural trade liberalization.

Food and food markets still enjoy a pivotal role in the world economy and the international food industry is moving towards greater consolidation and globalization, with increased vertical integration and changes to market structure. Companies grow bigger in order to obtain economies of scale and issues and such as food security, quality, obesity and health are ever important factors. This book describes the link between food markets and food companies from a theoretical and a business economics perspective. The relationships, trends and impacts on the international food market are presented, and the topic is related to actual business conditions. Each chapter is accompanied by questions and assignments designed to help students in their learning. .

The European Community's Common Agricultural Policy has come under attack for its protectionist character and propensity for causing high domestic food prices and wasting financial resources. Here, contributors analyze the most important economic models of agricultural trade in order to assess the effect of liberalization on world food prices, national GETs, international trade, intersectoral and interregional income distribution, and agricultural incomes.

In the era of globalization, foreign trade has an immense impact upon modern economies. To succeed in the global marketplace, sustainable development in trade practices is an imperative goal for countries to reach. Global Perspectives on Trade Integration and Economies in Transition is an authoritative reference source for the latest research on the dynamics of transitional economies and how certain obstacles can disrupt the effectiveness of the transition process. Highlighting the value of trade incorporation at the national and international levels, this book is ideally designed for researchers, professionals, government officials, policy makers, and upper-level students interested in the intersection of globalization, trade, and international economics.

This title was first published in 2000: This volume analyzes key issues of the process of integrating Central and Eastern European countries with the European Union related to agriculture. The issues include the comparative advantage of CEEC agriculture and its development under various accession policy scenarios; the likely policy developments in both the CEECs and the EU, based on economic, social and political economy considerations; the expected economic impacts and adjustment costs for the agro-food sector under various policy outcomes; the most important constraints for integration including policy convergence issues and internal constraints; and how integration will potentially affect trade and labour flows in the Union. The country combines detailed country-specific and region-wide empirical and theoretical analysis.