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Where
Will Demographics Take the Asia-Pacific Food System? (June
2004) 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 (September 2003), 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 (October 2003) 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
(April 2002) 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 (June-July
2002) 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 (April 2001) 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 (January 2001) calculates
the possible effects of various multilateral trade liberalization
scenarios on South Korea's agricultural markets.
The Financial
Crisis Hit Korean Agricultural Imports Hard (March,
2000) 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 (February
2000) 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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