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An International Comparison of the Effects of Government Agricultural Support on Food Budget Shares
This study evaluates econometrically the effect of government support to agriculture on a measure of the affordability of food in 10 Organization for Economic Cooperation and Development OECD countries. The panel model we construct specifically utilizes two values calculated by the OECD: Producer Support Estimates as a percentage of gross...
Ride high food prices to cut subsidies, boost production: OECD
PARIS AFP — Industrialised countries should seize the opportunity of high world food prices to cut subsidies for farm production, the OECD advises in a review of agriculture policies. Published as the World Trade Organization gears up for an attempt to break through agriculture, subsidies and other issues blocking...
2ND LD: OECD voices inflation concern amid food, energy price hikes
PARIS, June 5 Kyodo (EDS: RECASTING WIH CHAIR'S SUMMARY) Economic ministers from the 30-member Organization for Economic Cooperation and Development wrapped up their two-day meeting Thursday with a chair's summary voicing concern over inflation stemming from food and energy price hikes. ''Ministers were concerned...
THE ECONOMY: HOW BAD WILL IT GET A SPECIAL REPORT BY WESTMINSTER
NOTHING travels faster than bad news. Last week a report from the international Organisation for Economic Cooperation and Development OECD ripped into the British economy, branding it the equivalent of a basket case. It criticised the way the UK has been run for the past decade, saying the options left...
Asia fuels growth in steel production and consumption
Global steel demand, production and capacity continue to grow at rapid rates, thanks in large part to the surging economies of developing nations, according to the OECD. "Global steelmaking capacity continues to increase rapidly," says a May 23 market update from the OECD Steel Committee. "This could impact the market...
Global food prices will ease, but stay high: OECD
PARIS AFP — The global food price boom is set to ease in the next few years, but the cost of feeding the family will still be far higher than in the past decade, an international study forecast on Thursday. The price bubble has added to the number of...
Global food prices will ease, but stay high: UN
PARIS AFP — Global food prices will fall from record peaks in the next few years, but the cost of feeding the family will still be far higher than in the past decade, an international study forecast on Thursday. The price bubble has added to the number of people...
Inflation in industrialised world edges up to 3.5%: OECD
PARIS AFP — Annual inflation in the world's leading industrialised nations edged up to 3.5 percent in March from 3.4 percent in February, driven by rises in energy and food prices, the OECD reported Tuesday. On a monthly basis, inflation in the 30 members of the Organisation for Economic...
TURKEY - The Global Oil/Economic Perspective
The week on April 18 at NYMEX ended with paper WTI closing at $116.69, shortly after hitting a record of $117. It reached $115.52 on April 17 after EIA's weekly report on April 16 said US gasoline inventories had fallen 5.5m barrels for the second week of April, a much...
2ND LD: G-8 warns soaring food prices pose serious development challenge
TOKYO, April 6 Kyodo (EDS: RECASTING, UPDATING THROUGHOUT) Development-related ministers of the Group of Eight nations warned Sunday that soaring food prices pose a serious challenge for Africa and other impoverished countries and vowed to tackle together new threats including climate change. The G-8...
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