Deregulation of Lesotho's maize market

Herman D. van Schalkwyk, Johan van Zyl, P.W. Botha and B. Bayley

Agrekon, 1997, vol. 36, issue 4, 12

Abstract: During the past year, there have been major policy reforms in Lesotho and South Africa with respect to maize pricing and marketing. In Lesotho the impact of deregulation on producers, consumers and government revenues was substantially lower than it should have been, and as a result Lesotho was not able to reap the full benefits of these changes. This is partly because information on the changes to the maize marketing system did not reach the potential beneficiaries of the new system. Free and easily accessible information is an essential element of a free market system. SACU countries must ensure the availability of information if they want to compete internationally.

Keywords: Agricultural and Food Policy; Crop Production/Industries (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:54723

DOI: 10.22004/ag.econ.54723

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