Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe

Thirty years ago, a vast share of low- and middle-income countries was heavily state controlled. The liberalizations of the 1980s and 1990s had greatly different effects on growth in countries in Africa, Asia, and Europe. A comparative framework is used to document these differences, and a model is...

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Main Authors:	Swinnen, Johan F.M., Vandeplas, Anneleen, Maertens, Miet
Format:	Journal Article
Language:	en_US
Published:	World Bank 2013
Subjects:	agricultural price black market consumer price efficient market market liberalization market reforms marketing marketing boards monopolies monopoly price controls price distortions price setting purchasing retailing supplier suppliers supply chain supply chains surplus
Online Access:	http://hdl.handle.net/10986/13447

id	okr-10986-13447
recordtype	oai_dc
spelling	okr-10986-134472021-04-23T14:03:08Z Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe Swinnen, Johan F.M. Vandeplas, Anneleen Maertens, Miet agricultural price black market consumer price efficient market market liberalization market reforms marketing marketing boards monopolies monopoly price controls price distortions price setting purchasing retailing supplier suppliers supply chain supply chains surplus Thirty years ago, a vast share of low- and middle-income countries was heavily state controlled. The liberalizations of the 1980s and 1990s had greatly different effects on growth in countries in Africa, Asia, and Europe. A comparative framework is used to document these differences, and a model is developed to formally analyze how liberalization affects production and income distribution when the institutions that govern production and exchange are also affected. Hypotheses are derived for how endogenous institutional adjustments affect the growth response to liberalization. These insights motivate a series of explanations for the differences in performance across regions and commodities following liberalization. 2013-05-16T18:42:17Z 2013-05-16T18:42:17Z 2011-03-30 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/13447 en_US World Bank Economic Review;24(3) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article East Asia Commonwealth of Independent States Eastern Europe Sub-Saharan Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	agricultural price black market consumer price efficient market market liberalization market reforms marketing marketing boards monopolies monopoly price controls price distortions price setting purchasing retailing supplier suppliers supply chain supply chains surplus
spellingShingle	agricultural price black market consumer price efficient market market liberalization market reforms marketing marketing boards monopolies monopoly price controls price distortions price setting purchasing retailing supplier suppliers supply chain supply chains surplus Swinnen, Johan F.M. Vandeplas, Anneleen Maertens, Miet Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe
geographic_facet	East Asia Commonwealth of Independent States Eastern Europe Sub-Saharan Africa
relation	World Bank Economic Review;24(3)
description	Thirty years ago, a vast share of low- and middle-income countries was heavily state controlled. The liberalizations of the 1980s and 1990s had greatly different effects on growth in countries in Africa, Asia, and Europe. A comparative framework is used to document these differences, and a model is developed to formally analyze how liberalization affects production and income distribution when the institutions that govern production and exchange are also affected. Hypotheses are derived for how endogenous institutional adjustments affect the growth response to liberalization. These insights motivate a series of explanations for the differences in performance across regions and commodities following liberalization.
format	Journal Article
author	Swinnen, Johan F.M. Vandeplas, Anneleen Maertens, Miet
author_facet	Swinnen, Johan F.M. Vandeplas, Anneleen Maertens, Miet
author_sort	Swinnen, Johan F.M.
title	Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe
title_short	Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe
title_full	Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe
title_fullStr	Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe
title_full_unstemmed	Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe
title_sort	liberalization, endogenous institutions, and growth : a comparative analysis of agricultural reforms in africa, asia, and europe
publisher	World Bank
publishDate	2013
url	http://hdl.handle.net/10986/13447
_version_	1764423523913170944

Liberalization, Endogenous Institutions, and Growth : A Comparative Analysis of Agricultural Reforms in Africa, Asia, and Europe

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