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This paper focuses on recent theoretical developments in political economy and what role they might play in explaining and reforming individual country and global distortions in food and agricultural markets. Four groups of forces are isolated: political governance structures emphasizing the role of democratic mechanisms; the design of polycentric structures for assigned governmental authority for setting policy instruments; market structure and other socioeconomic characteristics; and the role of sector mobility and asset diversification. Each of these forces are distilled and data sources are reviewed that will allow econometric specifications that have both explanatory and policy reform implications.

Accounting --- Agricultural Sector Economics --- Agricultural Trade --- Agriculture --- Bribery --- Conflict of Interest --- Constituencies --- Corruption --- Credibility --- Crime --- Decision Making --- Democracies --- Developed Countries --- Developing Countries --- Economic Development --- Economics --- Elections --- Expenditures --- Gdp --- Human Capital --- Human Rights --- Income Inequality --- Judiciary --- Labor Market --- Leadership --- Legal Framework --- Legal System --- Legislation --- Macroeconomics and Economic Growth --- Moral Hazard --- Patronage --- Policy Making --- Political Economy --- Property Rights --- Public Finance --- Public officials --- Public Policy --- Public Spending --- Rule of Law --- Statistical analysis --- Terrorism --- Trade Policy --- Transaction Costs --- Transparency --- Violence

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This book analyzes the links between political economics, governance structures and the distribution of political power in economic policy making. The book theoretically explains and empirically quantifies these interactions. The analysis includes both public good policies and redistributive policies. Part I of the book presents the conceptual foundations of political-economic bargaining and interest group analysis. After presenting the underlying theory, Part II of the book examines ideology, prescription and political power coefficients; Part III analyzes a number of specific structures; and Part IV presents a framework for political econometrics with a number of empirical applications and testable hypotheses. In all four parts of the book, four analytical dimensions of public policy are distinguished: governance structures, political economy, mechanism design and incidence.

Power (Social sciences) --- Economic policy --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Empowerment (Social sciences) --- Political power --- Exchange theory (Sociology) --- Political science --- Social sciences --- Sociology --- Consensus (Social sciences) --- E-books --- Economic policy. --- Business, Economy and Management