Economics at your fingertips  

Foodgrain price stabilization in developing countries

Nurul Islam () and Saji Thomas

No 3, Food policy reviews from International Food Policy Research Institute (IFPRI)

Abstract: The government of almost every country has intervened in the market pricing of foodgrains to promote price stability. But the rules of the game are changing as countries abandon trade restrictions and protectionist policies in the wake of the Uruguay Round agreement of the General Agreement on Tariffs and Trade (GATT). Will food prices fluctuate more or less with trade liberalization? Foodgrain Price Stabilization in Developing Countries: Issues and Experiences in Asia, Food Policy Review 3, by Nurul Islam and Saji Thomas, looks at these issues from three perspectives. The first part reviews the literature and briefly summarizes the macro and micro policies that governments in developing countries have adopted to stabilize prices. It also considers alternative policies that do not seek to stabilize prices per se but deal with the consequences of price instability for food producers and consumers, such as crop insurance or futures markets. The second part focuses on the foodgrain price stabilization experiences of five developing countries in Asia, the circumstances underlying price stabilization policy for rice and wheat over time in each country, and the design and implementation of the schemes adopted. The third part examines the implications of the policies adopted for future price stability.

Keywords: Grain Prices Asia.; Food prices Asia.; Grain trade Asia.; Price maintenance Asia.; Food policies. (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (22) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Food policy reviews from International Food Policy Research Institute (IFPRI) Contact information at EDIRC.
Bibliographic data for series maintained by ().

Page updated 2021-08-03
Handle: RePEc:fpr:fprevi:3