The subject matter of agricultural economics has both broadened and deepened and the chapters of this handbook present innovative work in the field. This volume contains part 5 of the handbook on agricultural and food policy.

The subject matter of agricultural economics has both broadened and deepened in recent years, and the chapters of this Handbook present the most exciting and innovative work being done today. Following Volume 1, Volume 2 consists of three parts: 'Agriculture, natural resources and the environment', 'Agriculture in the macroeconomy' and 'Agriculture and food policy'.