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Politique d'ajustement et développement agricole

Patrick Guillaumont

Économie rurale, 1993, vol. 216

Abstract: This paper surveys the main relations between adjustment policy and agricultural performance during the eighties, with special focus to African countries. First it shows why logically adjustment may favour agricultural development. Then it considers why the implementation of the main policy measures may not lead to the expected results. Special attention is given to the exchange rate policy (a strong currency depreciation is often associated with a decline in real producer prices), to the trade liberalization (and the conditions of an efficient producer price stabilization) and to the fiscal policy (decreasing fiscal deficit has different consequences on the agricultural sector depending on the tax increases and expenditures cuts).

Keywords: International Development; Agricultural and Food Policy (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ersfer:351834

DOI: 10.22004/ag.econ.351834

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