The new agricultural biotechnologies that are generating genetically modified organisms (GMOs) are seen as exciting and valuable developments by many people who recognise the improvements in production efficiency that they offer. Others, however, are objecting strongly to their use. Both...

A study of distortions to agricultural incentives in 18 developing countries during 1960-84, by Krueger, Schiff and Valdes (1988, 1991), found that policies in most of those developing countries were directly or indirectly harming their farmers. Since the mid-1980s there has been a substantial...