BRICS Differ In the adjacent article on BRICS Dominate, it is noted how the five key countries (Brazil, Russia, India, China, South Africa) meeting this week in South Africa stand out in terms of global agriculture. However, they are also different from a policy standpoint. Researchers at the University of St. Gallen in Switzerland note some other differences about the BRICS countries:
They make heavier use of subsidies for local business enterprises. Instead of export bans, they tend to use more opaque measures such as licensing restrictions and export taxes and tax-based export incentives. On average, they use fewer import tariffs, quotas, and licenses.
It is the opaqueness, and autocratic approaches to policy by some major...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
