Publisher's Synopsis
Behind the statistical facts of international trade are the institutions and policymakers that shape performance in the international marketplace. But even though trading outcomes are a matter of record, for most nations very little is known about the institutional and policy frameworks that determine a nation's success or failure.;In this comparative study of five key nations - Argentina, Brazil, Australia, Canada and the USA - experts on international agricultural trade analyze the institutions and policies supporting the international grain trade. There is special emphasis on macroeconomic policy, marketing, the role of the public sector, and the legal and regulatory context.