9 Nicaragua 273 Matias Berthelon, Diana Kruger, and Diana Saavedra

Total Page:16

File Type:pdf, Size:1020Kb

9 Nicaragua 273 Matias Berthelon, Diana Kruger, and Diana Saavedra 46161 DISTORTIONS TO AGRICULTURAL INCENTIVES Public Disclosure Authorized IN Latin A mErICA Editors Kym Anderson • Alberto Valdés Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized DISTORTIONS TO AGRICULTURAL INCENTIVES IN LATIN AMERICA DISTORTIONS TO AGRICULTURAL INCENTIVES IN LATIN AMERICA Kym Anderson and Alberto Valdés, Editors Washington, D.C. © 2008 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved. 1 2 3 4 11 10 09 08 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: [email protected]. Cover design: Tomoko Hirata/World Bank. Cover photo: Curt Carnemark/World Bank Photo Library. ISBN: 978-0-8213-7513-6 eISBN: 978-0-8213-7514-3 DOI: 10.1596/978-0-8213-7513-6 Library of Congress Cataloging-in-Publication Data Distortions to agricultural incentives in Latin America / edited by Kym Anderson and Alberto Valdés. p. cm. Includes bibliographical references and index. ISBN 978-0-8213-7513-6 — ISBN 978-0-8213-7514-3 (electronic) 1. Agriculture and state—Latin America. 2. Agricultural subsidies—Latin America. 3. Agricultural industries— Latin America. I. Anderson, Kym. II. Valdés, Alberto, 1935– HD1790.5.Z8D57 2008 338.1'88—dc22 2008010766 Dedication To the authors of the country case studies and their assistants, especially for generating the time series of distortion estimates that underpin the chapters; and to our long- suffering wives, Bron and Isabel, for putting up with our long working hours and frequent absences from home while we completed this book. CONTENTS Acknowledgments xiii Contributors xv Abbreviations xix Map: The Focus Countries of Latin America xx 1 Introduction and Summary1 Kym Anderson and Alberto Valdés 2 Argentina 59 Adolfo C. Sturzenegger and Mariana Salazni 3 Brazil 87 Mauro de Rezende Lopes, Ignez Vidigal Lopes, Marilene Silva de Oliveira, Fábio Campos Barcelos, Esteban Jara, and Pedro Rangel Bogado 4 Chile 119 Alberto Valdés and Esteban Jara 5 Colombia 159 Lia Guterman 6 Dominican Republic 189 Jesús de los Santos and Pedro Pablo Peña 7 Ecuador 211 Ernesto Valenzuela, Sara Wong, and Damiano Sandri 8 Mexico 243 Isidro Soloaga and Gabriel Lara 9 Nicaragua 273 Matias Berthelon, Diana Kruger, and Diana Saavedra vii viii Contents Appendix A: Methodology for Measuring Distortions to Agricultural Incentives 301 Kym Anderson, Marianne Kurzweil, Will Martin, Damiano Sandri, and Ernesto Valenzuela Appendix B: Annual Estimates of Latin American Distortions to Agricultural Incentives 333 Ernesto Valenzuela, Marianne Kurzweil, Esteban Jara, Johanna Croser, and Kym Anderson Index 403 Figures 1.1 NRAs in Agriculture, Latin America, 1980–84 and 2000–04 23 1.2 NRAs, by Product, Latin America, 1980–84 and 2000–04 24 1.3 NRAs for Exportable, Import-Competing, and All Agricultural Products, Latin America, 1965–2004 26 1.4 NRAs of Total Covered Farm Products and NRAs from Input Price Distortions, Latin America, 1965–2004 31 1.5 Gross Subsidy Equivalents of Assistance to Farmers, Latin America, 1975–79 and 2000–04 36 1.6 Gross Subsidy Equivalents of Assistance to Farmers, by Product, Latin America, 1975–79 and 2000–04 39 1.7 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Latin America, 1965–2004 40 1.8 RRAs in Agriculture, Latin America, 1980–84 and 2000–04 41 1.9 NRAs and RRAs, Asia, Africa, and Latin America, 1965–2004 44 1.10 Income Distribution, Latin America and the World, 2000 45 1.11 Real GDP Per Capita, Comparative Advantage, and NRAs and RRAs, Latin America, 1955–2005 47 2.1 Openness Indicators, Argentina and Selected High-Income Countries, 1870–2000 61 2.2 Real Per Capita GDP, Argentina and Selected High-Income Countries, 1870–2005 63 2.3 Shares of the Gross Value of Farm Production at Distorted Prices, Covered Products, Argentina, 1977–2005 67 2.4 Production of Wheat, Corn, Soybeans, Sunflowers, and Beef, Argentina, 1960–2005 67 2.5 NRAs for Covered Products, Argentina, 1960–2005 75 2.6 NRAs for Covered Products and the RER, Argentina, 1960–2005 76 2.7 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Argentina, 1960–2004 80 Contents ix 3.1 Crop Area, Production, and Yield Growth, Brazil, 1991–2005 96 3.2 Growth in Meat Production, Brazil, 1994–2005 97 3.3 Share of the Gross Value of Farm Production at Distorted Prices, Selected Products, Brazil, 1980–2005 103 3.4 NRAs to Exportable, Import-Competing, and All Covered Farm Products, Brazil, 1966–2004 109 3.5 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Brazil, 1966–2004 111 4.1 Applied Tariffs, Adjusted for Trade Preferences, Chile, 2000–05 134 4.2 Real and Equilibrium Exchange Rates, Chile, 1960–2003 136 4.3 NRAs for Exportable, Import-Competing, and All Covered Farm Products, Chile, 1960–2004 143 4.4 NRAs for All Covered Farm Products in Total and from Input Price Distortions, Chile, 1965–2005 144 4.5 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Chile, 1960–2004 147 5.1 Real Exchange Rates, Colombia, 1960–2005 161 5.2 NRAs for Exportable, Import-Competing, and All Covered Farm Products, Colombia, 1960–2004 174 5.3 NRAs for All Agricultural and Nonagricultural Tradables and the RRA, Colombia, 1960–2004 177 6.1 GDP Shares by Economic Sector, Dominican Republic, 1960–2004 191 6.2 NRAs for Exportable, Import-Competing, and All Covered Farm Products, Dominican Republic, 1955–2004 205 6.3 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Dominican Republic, 1955–2004 207 7.1 Shares of Agriculture, Industry, and Services in GDP, Ecuador, 1965–2004 216 7.2 Value Shares of Agricultural Production by Farm Product, Ecuador, 1966–2003 227 7.3 NRAs for Exportable, Importable, and All Covered Farm Products, Ecuador, 1966–2003 231 7.4 The Gap between Importer and Exporter Exchange Rates, Ecuador, 1955–98 232 7.5 NRAs by Product, Ecuador, 1966–2003 233 7.6 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Ecuador, 1966–2003 237 8.1 Poverty Headcount Ratio, by Region, Mexico, 1984 and 2004 246 8.2 Four Main Farm Programs in the Secretariat of Agriculture’s Budget, Mexico, 1995–2005 258 8.3 Expenditure on the Main Farm Programs, Secretariat of Agriculture, Mexico, 1995–2005 259 x Contents 8.4 Product Shares in Household Food Consumption, Mexico, 1979–2004 263 8.5 NRAs for Exportable, Import-Competing, and All Covered Farm Products, Mexico, 1979–2004 265 8.6 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Mexico, 1979–2004 267 8.7 NRAs for Agricultural Tradables and the Real Exchange Rate, Mexico, 1979–2004 267 9.1 Product Shares in Agricultural Production and Consumption, Nicaragua, 1991–2004 276 9.2 NRAs for Exportable, Importable, and All Covered Farm Products, Nicaragua, 1991–2004 285 9.3 NRAs for Agricultural and Nonagricultural Tradables and the RRA, Nicaragua, 1991–2004 285 A.1 A Distorted Domestic Market for Foreign Currency 305 A.2 Distorted Domestic Markets for Farm Products 324 Tables 1.1 Key Economic and Trade Indicators, Latin America, 2000–043 1.2 Growth of Real GDP, Latin America, 1980–20045 1.3 Sectoral Shares of GDP, Latin America, 1965–20046 1.4 Agriculture’s Share in Employment, Latin America, 1965–20047 1.5 Sectoral Shares in Merchandise Exports, Latin America, 1965–20048 1.6 Indexes of Comparative Advantage in Agriculture and Processed Food, Latin America, 1965–2004 10 1.7 Exports of Goods and Services as a Share of GDP, Latin America, 1975–2004 11 1.8 Export Orientation, Import Dependence, and Self-Sufficiency in Primary Agricultural Production, Latin America, 1965–2004 12 1.9 NRAs in Agriculture, Latin America, 1965–2004 22 1.10 Dispersion of NRAs across Covered Agricultural Products, Latin America, 1965–2004 25 1.11 NRAs for Exportable and Import-Competing Products, and the TBI, Latin America, 1965–2004 27 1.12 NRAs in Agriculture Relative to Nonagricultural Industries, Latin America, 1965–2004 30 1.13 NRAs for Covered Farm Products, by Policy Instrument, Latin America, 1965–2004 32 1.14 Gross Subsidy Equivalents of Assistance
Recommended publications
  • Doing Business in Argentina Contents
    This publication is a joint project with Doing business in Argentina Contents Executive summary 4 Disclaimer Foreword 6 This document is issued by HSBC Bank (Argentina) Company Limited Introduction – Doing business in Argentina 8 (the ‘Bank’) in Argentina. It is not intended as an offer or solicitation for business to anyone in any Conducting business in Argentina 13 jurisdiction. It is not intended for distribution to anyone located in or Taxation in Argentina 18 resident in jurisdictions which restrict the distribution of this document. Audit and accountancy 29 It shall not be copied, reproduced, transmitted or further distributed Human Resources and Employment Law 34 by any recipient. Trade 37 The information contained in this document is of a general nature Banking in Argentina 40 only. It is not meant to be comprehensive and does not HSBC in Argentina 43 constitute financial, legal, tax or other professional advice. You Country overview 44 should not act upon the information contained in this publication without Contacts and further information 46 obtaining specific professional advice. This document is produced by the Bank together with PricewaterhouseCoopers (‘PwC’). Whilst every care has been taken in preparing this document, neither the Bank nor PwC makes any guarantee, representation or warranty (express or implied) as to its accuracy or completeness, and under no circumstances will the Bank or PwC be liable for any loss caused by reliance on any opinion or statement made in this document. Except as specifically indicated, the expressions of opinion are those of the Bank and/or PwC only and are subject to change without notice.
    [Show full text]
  • The Politics of Taxation in Argentina and Brazil in the Last Twenty Years of the 20Th Century
    THE POLITICS OF TAXATION IN ARGENTINA AND BRAZIL IN THE LAST TWENTY YEARS OF THE 20TH CENTURY DISSERTATION Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State University By Hiram José Irizarry Osorio, B.S. & M.A. ***** The Ohio State University 2005 Dissertation Committee: Approved by: Professor R. William Liddle, Adviser ___________________________ Professor Richard P. Gunther Adviser Professor Marcus Kurtz Graduate Program in Political Science ABSTRACT What explains changes in tax policy and its direction and magnitude? More specifically, what explains changes in taxation centralization, progressivity, and level? This dissertation addresses these questions in a comparative way, by studying Argentina and Brazil’s taxation experiences during the 1980s and 1990s. The main reason for choosing these two cases derives from the occurrence of tax policy reforms in both cases, but different in extent and nature, which is the central explanatory concern of this dissertation. Throughout the literature, explanations of change have had a focus on crisis environments, crisis events, and/or agency. Although all of them present some truth and leverage in order to gain an understanding of change taking place, some middle-range explanation is lacking. By this I mean, crises based explanations remain at a high structural level of explanation, while agency based explanations become extremely micro-focused. Though crises present windows of opportunity for changes to take place, they do not guarantee them. Furthermore, changes still have taken place without crises. Thus, crises-based explanations are not necessary or sufficient type of explanations of ii change.
    [Show full text]
  • Seattle V. Monsanto Complaint
    Case 2:16-cv-00107-RSL Document 31 Filed 05/04/16 Page 1 of 27 1 THE HONORABLE ROBERT S. LASNIK 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 WESTERN DISTRICT OF WASHINGTON 9 CITY OF SEATTLE, a municipal corporation ) CASE NO. 2:16-cv-00107-RSL located in the County of King, State of ) 10 Washington, ) PLAINTIFF’S FIRST AMENDED ) COMPLAINT 11 Plaintiffs, ) ) 12 v. ) ) 13 MONSANTO COMPANY, ) SOLUTIA INC., and ) 14 PHARMACIA CORPORATION, and DOES 1 ) through 100, ) 15 ) Defendants. ) 16 ________________________________________ I. INTRODUCTION 17 1. Polychlorinated biphenyls (or “PCBs”) are man-made chemical compounds that 18 have become notorious as global environmental contaminants — found in bays, oceans, rivers, 19 streams, soil, and air. As a result, PCBs have been detected in the tissues of all living beings on 20 earth including all forms of marine life, various animals and birds, plants and trees, and humans. 21 2. The extent of environmental PCB contamination is troubling because PCBs cause 22 a variety of adverse health effects. In humans, PCB exposure is associated with cancer as well as 23 serious non-cancer health effects, including effects on the immune system, reproductive system, PLAINTIFF’S FIRST AMENDED COMPLAINT - 1 Peter S. Holmes Seattle City Attorney 701 5th Avenue, Suite 2050 Seattle, WA 98104-7097 (206) 684-8200 Case 2:16-cv-00107-RSL Document 31 Filed 05/04/16 Page 2 of 27 1 nervous system, endocrine system and other health effects. In addition, PCBs destroy 2 populations of fish, birds, and other animal life. 3 3.
    [Show full text]
  • World Resources Institute the Monsanto Company
    World Resources Institute Sustainable Enterprise Program A program of the World Resources Institute The Monsanto Company: Quest for Sustainability (A) “Biotechnology represents a potentially sustainable For more than a decade, WRI's solution to the issue, not only of feeding people, but of providing Sustainable Enterprise Program (SEP) the economic growth that people are going to need to escape has harnessed the power of business to poverty…… [Biotechnology] poses the possibility of create profitable solutions to leapfrogging the industrial revolution and moving to a post- environment and development industrial society that is not only economically attractive, but challenges. BELL, a project of SEP, is also environmentally sustainable.i ” focused on working with managers and academics to make companies --Robert Shapiro, CEO, Monsanto Company more competitive by approaching social and environmental challenges as unmet market needs that provide Upon his promotion to CEO of chemical giant The business growth opportunities through Monsanto Company in 1995, Robert Shapiro became a vocal entrepreneurship, innovation, and champion of sustainable development and sought to redefine the organizational change. firm’s business strategy along principles of sustainability. Shapiro’s rhetoric was compelling. He captured analysts’ Permission to reprint this case is attention with the specter of mass hunger and environmental available at the BELL case store. degradation precipitated by rapid population growth and the Additional information on the Case
    [Show full text]
  • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
    E-Served: Feb 26 2019 2:09PM PST Via Case Anywhere 1 Kelly A. Evans (pro hac vice) ([email protected]) 2 Jay J. Schuttert (pro hac vice) ([email protected]) 3 EVANS FEARS & SCHUTTERT LLP 2300 West Sahara Avenue, Suite 900 4 Las Vegas, NV 89102 Tel: (702) 805-0290 5 Fax: (702) 805-0291 6 Tarek Ismail (pro hac vice) ([email protected]) 7 Joe Tomaselli (pro hac vice) ([email protected]) 8 GOLDMAN ISMAIL TOMASELLI BRENNAN & BAUM LLP 564 West Randolph Street, Suite 400 9 Chicago, IL 60661 Tel: (312) 881-5970 10 Fax: (312) 881-5191 11 Attorneys for Defendant MONSANTO COMPANY *Additional counsel listed on signature block 12 SUPERIOR COURT OF THE STATE OF CALIFORNIA 13 FOR THE COUNTY OF ALAMEDA 14 COORDINATION PROCEEDING JCCP NO. 4953 15 SPECIAL TITLE (Rule 3.550) ASSIGNED FOR ALL PURPOSES TO 16 ROUNDUP PRODUCTS CASES JUDGE WINIFRED SMITH DEPARTMENT 21 17 THIS DOCUMENT RELATES TO: REPLY BRIEF IN SUPPORT OF 18 DEFENDANT MONSANTO’S MOTION PILLIOD, ET AL. v. MONSANTO CO., FOR SUMMARY JUDGMENT OR, IN THE 19 ET AL., CASE NO. RG17862702 ALTERNATIVE, SUMMARY ADJUDICATION 20 Hearing Date: March 7, 2019 21 Time: 10:00 a.m. Department: 21 22 Reservation No.: R-2048303 23 24 25 26 27 28 303303266v1 1017234 1 TABLE OF CONTENTS 2 Page 3 I. INTRODUCTION ................................................................................................................. 1 4 II. ARGUMENT ........................................................................................................................ 1 5 A. Plaintiffs’ Warnings Claims Are Expressly Preempted. ........................................... 1 B. Plaintiffs Do Not Dispute That It Is Impossible for Monsanto to Both Comply 6 with FIFRA and Provide the Warnings Plaintiffs Seek.
    [Show full text]
  • Worldwide Estate and Inheritance Tax Guide
    Worldwide Estate and Inheritance Tax Guide 2021 Preface he Worldwide Estate and Inheritance trusts and foundations, settlements, Tax Guide 2021 (WEITG) is succession, statutory and forced heirship, published by the EY Private Client matrimonial regimes, testamentary Services network, which comprises documents and intestacy rules, and estate Tprofessionals from EY member tax treaty partners. The “Inheritance and firms. gift taxes at a glance” table on page 490 The 2021 edition summarizes the gift, highlights inheritance and gift taxes in all estate and inheritance tax systems 44 jurisdictions and territories. and describes wealth transfer planning For the reader’s reference, the names and considerations in 44 jurisdictions and symbols of the foreign currencies that are territories. It is relevant to the owners of mentioned in the guide are listed at the end family businesses and private companies, of the publication. managers of private capital enterprises, This publication should not be regarded executives of multinational companies and as offering a complete explanation of the other entrepreneurial and internationally tax matters referred to and is subject to mobile high-net-worth individuals. changes in the law and other applicable The content is based on information current rules. Local publications of a more detailed as of February 2021, unless otherwise nature are frequently available. Readers indicated in the text of the chapter. are advised to consult their local EY professionals for further information. Tax information The WEITG is published alongside three The chapters in the WEITG provide companion guides on broad-based taxes: information on the taxation of the the Worldwide Corporate Tax Guide, the accumulation and transfer of wealth (e.g., Worldwide Personal Tax and Immigration by gift, trust, bequest or inheritance) in Guide and the Worldwide VAT, GST and each jurisdiction, including sections on Sales Tax Guide.
    [Show full text]
  • Alameda County Superior Court Ex Parte Declaration
    Alameda County Superior Court Ex Parte Declaration Which Clare shaft so soothly that Thorpe aggregates her mutualism? When Zacharia revitalising his caudexes malleated not herpetologically enough, is Edsel primeval? Is Jonathan always far-sighted and polypous when separate some pogy very prancingly and tunably? 16 County have in his personal capacity submit a smart and. 2 requesting a triai by declaration or 3 appearing via telephone conference. Superior form Of California County Of Orange. Free people read Powered by Superior realm of California County of Alameda Google Translate. The where Law Division operates in the Family living Center courthouse. Attendi mentre verifichiamo che condivide la organización, county superior courthouses. Contra Costa County business Court Department 31. The superior court customers that most services and electronic service windows to file an extremely risky proposition, plaintiffs opposition to. There is on a declaration: ex parte application for alameda county courthouse. J Hayward also offers a robust Access Hayward smartphone application. Or seventeen days in brawl the case such be retried de novo in landmark court Id at 11 Whether Alameda County provides representative data is intelligent open question. Other forms depending which utility you differ to file your ex parte RFO. The Court must declare their actions unconstitutional and inspect order them would cease. The court prefers to resolve ex parte applications on the papers only. The fact giving an application for some ship was actually before every court of. Coronavirus-Related Court Announcements. 1 Ex B F The asylum Court reserved jurisdiction to determine financial issues. Superior nature of California County of Alameda 2120 Martin Luther King Jr Way.
    [Show full text]
  • 2019-02-19 Baltimore V Monsanto
    Case 1:19-cv-00483-RDB Document 1 Filed 02/19/19 Page 1 of 36 UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND BALTIMORE DIVISION MAYOR AND CITY COUNCIL OF BALTIMORE ) City Hall ) 100 North Holliday Street ) Baltimore, MD 21202, ) ) Plaintiff, ) ) v. ) ) MONSANTO COMPANY ) c/o Corporation Service Company ) 251 Little Falls Drive CASE) NO.: ___________________ Wilmington, DE 19808; ) ) SOLUTIA INC. ) c/o Corporation Service Company ) 251 Little Falls Drive ) Wilmington, DE 19808; and ) ) PHARMACIA CORPORATION ) c/o The Corporation Trust Company ) 1209 Orange Street ) Wilmington, DE 19801, ) ) Defendants. ________________________________________ COMPLAINT i Case 1:19-cv-00483-RDB Document 1 Filed 02/19/19 Page 2 of 36 TABLE OF CONTENTS I. NATURE OF THE ACTION .............................................................................................. 1 II. PARTIES ............................................................................................................................. 3 III. JURISDICTION AND VENUE .......................................................................................... 6 IV. FACTUAL ALLEGATIONS .............................................................................................. 6 A. PCBs are Toxic Chemicals that Cause Environmental Contamination. .................. 6 B. Monsanto Has Long Known of PCBs’ Toxicity. .................................................... 9 D. Monsanto Concealed the Nature of PCBs from Governmental Entities. .............. 19 E. Maryland and Baltimore Waters
    [Show full text]
  • Monsantos Harvest of Fear
    Monsanto's Harvest of Fear | Politics | Vanity Fair http://www.vanityfair.com/politics/features/2008/05/monsanto200805?pri... I NVESTI GATI ON Monsanto already dominates America’s food chain with its genetically modified seeds. Now it has targeted milk production. Just as frightening as the corporation’s tactics–ruthless legal battles against small farmers–is its decades-long history of toxic contamination. BY DONALD L. BARLETT AND JAMES B. STEELE MAY 2008 No thanks: An anti-Monsanto crop circle made by farmers and volunteers in the Philippines. By Melvyn Calderon/Greenpeace HO/A.P. Images. Gary Rinehart clearly remembers the summer day in 2002 when the stranger walked in and issued his threat. Rinehart was behind the counter of the Square Deal, his “old-time country store,” as he calls it, on the fading town square of Eagleville, Missouri, a tiny farm community 100 miles north of Kansas City. The Square Deal is a fixture in Eagleville, a place where farmers and townspeople can go for lightbulbs, greeting cards, hunting gear, ice cream, aspirin, and dozens of other small items without having to drive to a big-box store in Bethany, the county seat, 15 miles down Interstate 35. Everyone knows Rinehart, who was born and raised in the area and runs one of Eagleville’s few surviving businesses. The stranger came up to the counter and asked for him by name. 1 of 19 4/18/2010 9:28 PM Monsanto's Harvest of Fear | Politics | Vanity Fair http://www.vanityfair.com/politics/features/2008/05/monsanto200805?pri... “Well, that’s me,” said Rinehart.
    [Show full text]
  • Strategic Report for Monsanto Company
    Strategic Report for Monsanto Company Kevin Yamazaki Anastasia Dialynas Jed Cullen April 7, 2010 Monsanto Company Table of Contents Executive Summary................................................................................................... 3 Company History ....................................................................................................... 5 Monsanto’s Beginnings (1901-1960)........................................................................ 5 The Birth of Monsanto’s Agricultural Division (1960-1997) ...................................... 5 The ‘New’ Monsanto (1997-2009) ............................................................................ 7 Competitive Analysis................................................................................................. 9 Internal Rivalry........................................................................................................ 10 Entry Threat............................................................................................................ 12 Buyer Power........................................................................................................... 14 Supplier Power ....................................................................................................... 16 Substitutes.............................................................................................................. 17 Complements ......................................................................................................... 21 Financial Analysis...................................................................................................
    [Show full text]
  • Oil and Gas Taxation in Argentina Deloitte Taxation and Investment Guides Contents
    Oil and gas taxation in Argentina Deloitte taxation and investment guides Contents Deloitte taxation and investment guides www.deloitte.com/taxguides 1.0 Summary 04 2.0 Corporate income tax 05 2.1 In general 05 2.2 Rates 05 2.3 Taxable income 05 2.4 Deductions and allowances 05 2.5 Losses 06 2.6 Foreign entity taxation 07 2.7 Minimum presumed income tax 07 3.0 Royalties on production and surface fees 08 3.1 Royalties on production 08 3.2 Surface fees 08 4.0 Tax incentives 09 4.1 Benefits included in Decree 929/2013 09 4.2 Natural Gas New Project Stimulus Program 09 5.0 Payments to related parties 10 5.1 Transfer pricing 10 5.2 Interest deductibility - thin capitalization 10 6.0 Transactions 11 6.1 Capital gains - disposal of shares and other equity interests 11 6.2 Asset disposals 11 6.3 Farmouts 11 7.0 Withholding taxes 12 7.1 Dividends 12 7.2 Interest 12 7.3 Rents and royalties 12 7.4 Tax treaties 12 8.0 Indirect taxes 13 8.1 Value added tax 13 8.2 Turnover tax 13 8.3 Import, export and customs duties 13 8.4 Financial transaction tax 13 8.5 Stamp tax 14 8.6 Net wealth tax 14 9.0 Other 15 9.1 Choice of business entity 15 9.2 Foreign currency 15 9.3 Foreign exchange control regime 15 9.4 Shale oil and gas 15 9.5 Exploration permits and concessions 15 10.0 Contact information 17 Oil and gas taxation in Argentina - November 2016 1.0 Summary Argentina has three tiers of taxation: federal taxes, provincial taxes and municipal assessments.
    [Show full text]
  • Incidence of Tobacco Taxation in Argentina: Employment and Economy- Wide Effects
    Incidence of Tobacco Taxation in Argentina: Employment and economy- wide effects. Guillermo Martin Guillermo Jorge Cruces Cicowiez Falcone Puig March 2021 . This research report draft is part of a project of the Center for Distributive, Labor and Social Studies (CEDLAS), Institute of Economic Research, Faculty of Economic Sciences at the National University of La Plata (UNLP), supported by the University of Illinois at Chicago (UIC). UIC is a partner of the Bloomberg Initiative to Reduce Tobacco Use. The authors would like to thank Jeffrey Drope, Michal Stoklosa, and German Rodrigues Iglesias for helpful comments and feedback. The views expressed in this document cannot be attributed to, nor do they represent, the views of UIC, the Institute for Health Research and Policy, Bloomberg Philanthropies, CEDLAS, or UNLP. 1 Key Messages Increases in tobacco taxation reduce the consumption of tobacco products and improve health outcomes. Substantial increases in tobacco taxes can even increase aggregate employment in the medium term. The results from CEDLAS’s computable general equilibrium (CGE) model for Argentina show that a simulated substantial increase in tobacco taxation induces a zero-net change in overall employment in the economy. Increased tobacco taxes may shift jobs from tobacco-related sectors to other sectors of the economy, but the overall impact on the total number of jobs is negligible. Governments can mitigate and even reverse any adverse employment effects of increased tobacco taxes by devoting the additional tax revenue to increase expenditure on social services and infrastructure. This study indicates that any negative effects on sectoral employment are greatly reduced or even offset when the government uses the additional tax resources to increase spending on labor-intensive sectors such as education, health, and productive public investment.
    [Show full text]