Does Free Market Mechanism Offer a Win-Win Situation to Wheat Consumers and the Government?
Abedullah Abedullah
No 2020:20, PIDE Knowledge Brief from Pakistan Institute of Development Economics
Abstract:
Government of Pakistan intervenes in wheat marketing to offer low prices to consumers and to encourage farmers by announcing support prices. Government procures about 25-30 percent of total wheat production and leaves only 10-15 percent for the private sector.
Keywords: Free Market; Mechanism; Wheat Consumers; Government (search for similar items in EconPapers)
Pages: 7 pages
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pid:kbrief:2020:20
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