IMF Working Papers describe research in progress by the author(s) and are published to elicit
comments and to encourage debate. The views expressed in IMF Working Papers are those of the
author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
IMF Working Papers describe research in progress by the author(s) and are published to elicit
comments and to encourage debate. The views expressed in IMF Working Papers are those of the
author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
This paper examines the recent difficulties experienced in U.S. agriculture, and discusses the role played by government policies, in particular reviewing recent developments in those policies. Studies of the extent and costs of agricultural protection in the United States and other major countries are surveyed and possible effects of multilateral reform of agricultural policies are discussed.