Presenter Information

J K. Camoens, Asian Development Bank

Publication Date

1993

Description

For the lesser developed countries (LDCs) and advanced countries (ACs), the paper identifies the determinants of "free" trade, analyses protectionism, examines the global trade picture with respect lo "free" trade, relates trade to production and the structure of demand, and finally predicts the impact of trade reforms. The analysis concludes that: (i) trade policies per se do not impact in any significant manner on domestic production or imports in the LDCs since world trade constitutes a small fraction of production; (ii) demand, and hence supply, of animal products are determined primarily by GNP, income distribution and price; (iii) grassland farming for ruminant products is less efficient than non-ruminant production and forms only a small part of domestic production and consumption; (iv) only those countries that have not examined economically sound alternatives to the deployment of resources need be apprehensive about restrictive trade policies; (v) ACs can increase their exports by targeting the more affluent consumers in the LDCs, and by improving packaging, processing and marketing strategies; (vi) attaining global social equity in incomes depends on economic pricing of important factors of production in the ACs and the LDCs; (vii) private entrepreneurs could find expanded trade opportunities and equitable and cheaper solutions to unfair trade practices through barter, bilateral trade, investment in the LDCs and disease eradication.

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Impact of Changing Trade Opportunities on Livestock Production in Developing Countries

For the lesser developed countries (LDCs) and advanced countries (ACs), the paper identifies the determinants of "free" trade, analyses protectionism, examines the global trade picture with respect lo "free" trade, relates trade to production and the structure of demand, and finally predicts the impact of trade reforms. The analysis concludes that: (i) trade policies per se do not impact in any significant manner on domestic production or imports in the LDCs since world trade constitutes a small fraction of production; (ii) demand, and hence supply, of animal products are determined primarily by GNP, income distribution and price; (iii) grassland farming for ruminant products is less efficient than non-ruminant production and forms only a small part of domestic production and consumption; (iv) only those countries that have not examined economically sound alternatives to the deployment of resources need be apprehensive about restrictive trade policies; (v) ACs can increase their exports by targeting the more affluent consumers in the LDCs, and by improving packaging, processing and marketing strategies; (vi) attaining global social equity in incomes depends on economic pricing of important factors of production in the ACs and the LDCs; (vii) private entrepreneurs could find expanded trade opportunities and equitable and cheaper solutions to unfair trade practices through barter, bilateral trade, investment in the LDCs and disease eradication.