An economic analysis of a cross-market subsidy scheme for Morocco's food grain sector

Article Abstract:

Morocco's government expended 3.5 billion Dirhams in 1985 on food subsidies, with subsidies for soft wheat flour accounting for 2/3 of the total. Morocco, however, has seen its national and foreign debts rise sharply in the past two decades, and it has been suggested that introducing subsidies for hard wheat and/or barley could cause demand to shift, decreasing the need for import of soft wheat. Analysis of the markets using a three-commodity static model, and relying on the theory of related markets, indicates that putting new subsidies in place is not likely to relieve the burden of food grain subsidies. Present policy for food grain pricing in Morocco is described.

Cash grains, not elsewhere classified, Grain industry, Agricultural subsidies, Agricultural policy, Morocco

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The subsidy savings from reducing UK arms exports

Article Abstract:

The UK government will save about 76 million pounds sterling annually (at 1995 prices) if it reduces its arms exports by one-third. This estimate was computed as part of an investigation into the financial impact of defense exports to the UK government, both in its capacity as purchaser of defense equipment and as a promoter of arms exports. Such an investigation is designed to help the government decide whether it will be to its interest to participate in post-Gulf War discussions to restrain arms exports.

Guided Missile and Space Vehicle Manufacturing, All Other Fabricated Metal Product Manufacturing, Ordnance & Accessories, Defense industries, Guided Missiles, Space Vehicles, Parts, Missiles, Space Vehicles & Parts, Export Controls-Military, United Kingdom, Aerospace industry, Defense industry, Arms control, Weapons industry, Export controls, Subsidies, Military equipment

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The market valuation of wheat quality characteristics

Article Abstract:

Test weight and protein content are the only characteristics that influence the price of exported wheat. The Federal Grain Inspection Service (FGIS) identifies other grain quality factors such as dockage, moisture content, percentage of foreign material and percentage of shrunken and broken kernels. Revision of the FGIS grading system should reflect characteristics that are given value by the market.

Intnl Economic Policy, Wheat Farming, Standards, Quality management, International economic relations, International trade, Wheat, United States. Federal Grain Inspection Service

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