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Interventions in sugar markets come about for many reasons. Often the consequences of these policies persist even when the circumstances that motivated them change. Or the underlying problems that motivated past interventions remain even when it's clear that current approaches have failed. Reform of sugar markets needs to go beyond eliminating failed policies, and find lasting solutions.
Presents an overview of world and European sugar markets and how they have evolved and using an economic model, analyzes the impact that liberalisation of markets might have.
Examination of trade in one of the most important agricultural products
Interventions in sugar ma ...