Turkmenistan: The Burden of Current Agricultural Policies

International Monetary Fund

No 2000/098, IMF Working Papers from International Monetary Fund

Abstract: This paper analyses the economic costs of current agricultural policies in Turkmenistan. It argues that the opportunity cost of continuing with these policies is very high for the budget, the average farmer, and the economy as a whole. The paper calls for the development of nontraditional agricultural crops, which are more profitable than wheat and cotton in the international commodity markets, and a comprehensive and sustained reform strategy for the agricultural sector.

Keywords: WP; price; Turkmenistan; exchange rate; Turkmen economy; agricultural policies; transition economies; cost of protection; procurement price; import contract; f.o.b. export price; unit value index; energy import price; Turkmen government; Agricultural commodities; Agricultural sector; Exports; Exchange rates; Agricultural policy; Central Asia; Eastern Europe (search for similar items in EconPapers)
Pages: 25
Date: 2000-06-01
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Citations: View citations in EconPapers (4)

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