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Abstract

This report describes policies that affect the agricultural sector in 25 countries in the Western Hemisphere, including policies that affect commodity and input prices, the activities of parastatals (government-owned companies), and the integration of economies in the Western Hemisphere. To facilitate understanding of the policy choices made in each country, this bulletin also pi'~3t::ntS data on each country's economy, trade flows, and resource base. Governments throughout the Western Hemisphere are reducing their role in agricultural markets by reducing or eliminating tariff and nontariff barriers to trade, the scope of parastatal activities, and/or budgetary transfers to the sector. This trend is especially pronounced in the countries of Latin America, where government intervention in agricultural markets had been prevalent.

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