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dc.contributor.authorBohall, Robert W.
dc.date.accessioned2009-09-16T02:41:49Z
dc.date.available2009-09-16T02:41:49Z
dc.date.issued1983-01
dc.identifier.issn0110-7720
dc.identifier.urihttps://hdl.handle.net/10182/1199
dc.description.abstractThe U.S.A. is an important force in world economic activity and agricultural trade. Developments in the United States impact on New Zealand farmers on both the demand and supply side. The net effect of Reaganomics depends to what degree world agricultural demand is stimulated through U.S. macroeconomic policy versus being offset through increased commodity supplies and competition for export markets from specific support for the US agricultural sector. This paper initially reviews Reaganomics and the current macroeconomics and agricultural environment in the United States. It is generally a truism that U.S. policy, as with most governments, is developed with domestic priorities taking precedence. The implications are that while international relationships are very important and there are strong ties between the U.S.A. and New Zealand, it is the political and social pressures within the U.S.A. that predominate in the development of national macroeconomic policy and agricultural legislation. It is later argued that: (i) U.S. agricultural policy and U.S. macroeconomic policy may be of about equal importance in terms of direct implications for New Zealand farmers; (ii) the fundamentals of commodity markets are still the primary factors influencing grower returns and profits for farmers in both New Zealand and the U.S.A.; (iii) less support in real terms is provided under most U.S. agricultural programs than was the case five years ago; (iv) there is the strong possibility that protectionism and predatory export policies may increase in the U.S. and around the world; and (v) the U.S. is heading toward economic recovery.en
dc.language.isoenen
dc.publisherLincoln College. Agricultural Economics Research Unit.en
dc.relation.ispartofseriesDiscussion paper (Lincoln College (Canterbury, N.Z.). Agricultural Economics Research Unit) ; no. 67en
dc.subjectReaganomicsen
dc.subjectagricultural sectoren
dc.subjectagricultural policyen
dc.subjectagricultural tradeen
dc.subjectUSAen
dc.subjectNew Zealanden
dc.subjectprotectionismen
dc.titleReaganomics and the New Zealand agricultural sectoren
dc.typeDiscussion Paperen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340201 Agricultural economicsen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340206 International economics and international financeen
dc.subject.marsdenFields of Research::340000 Economics::340100 Economic Theory::340102 Macroeconomic theoryen
lu.contributor.unitAgribusiness and Economics Research Uniten


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