This paper uses a price-adjusted index of demand to estimate the change in Korean consumers’ demand for U.S. beef from 2003 through 2011. The paper provides an overview of Korea’s consumption, production, and imports of beef over this period, which included Korea’s ban on imports of U.S. beef following discovery of bovine spongiform encephalopathy (BSE) in the U.S. cattle herd in December 2003, the signing of the U.S.-Korea Beef Protocol in April 2008, and the subsequent recovery of U.S. beef imports. The paper also includes background information on BSE and Korean consumers’ perceptions of the safety of U.S. beef. Korean demand for U.S. beef is estimated to have increased substantially since 2009 (the first full year after signing of the Beef Protocol), but in 2011 remained well below the level observed in 2003.

China and India have posted impressive growth rates over the past decade, but face a number of challenges to sustained growth, including bureaucratic hurdles, large swaths of populations in poverty, and policy regimes that are sometimes at odds with global trade norms. These issues factor heavily in the evolving agricultural sectors of each country. Both China’s and India’s agricultural policies are developed out of a concern for domestic food security, and both nations use that objective as a justification for their policy regimes. But aside from this overarching goal, what do these countries have in common when it comes to agricultural trade? In this paper, we undertake a systematic analysis of the agricultural sectors of China and India, comparing and contrasting both domestic policies and trade regimes, and exploring how these regimes affect agricultural trade levels in both countries.