Agriculture Subsidies for Better Outcomes : Options For Zimbabwe

Zimbabwe has a long history of providing subsidies to farmers. The policies that have defined these subsidies have changed over time and led periodically to significant and unsustainable pressure on fiscal resources. Agricultural subsidy costs are...

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Main Author: World Bank
Format: Policy Note
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/170671592825344676/Agriculture-Subsidies-for-Better-Outcomes-Options-For-Zimbabwe
http://hdl.handle.net/10986/34147
id okr-10986-34147
recordtype oai_dc
spelling okr-10986-341472021-05-25T09:50:10Z Agriculture Subsidies for Better Outcomes : Options For Zimbabwe World Bank SUBSIDIES PUBLIC EXPENDITURE SMART SUBSIDIES AGRICULTURAL SUBSIDIES INPUT SUBSIDY COMMAND AGRICULTURE Zimbabwe has a long history of providing subsidies to farmers. The policies that have defined these subsidies have changed over time and led periodically to significant and unsustainable pressure on fiscal resources. Agricultural subsidy costs are a main driver of recent fiscal imbalances and inflationary pressure. The Ministry of Finance and Economic Development is making efforts to bring them under control while maintaining adequate support to the agricultural sector during a significant drought and other structural challenges. This report contributes to the identification and scoping of options for redesigning agricultural subsidies in Zimbabwe so that their objectives, a mix of national food security, smallholder access to production technology, and trade balance strengthening can be pursued at significantly reduced fiscal costs. The first part of the report reviews informative cross-country surveys of agricultural subsidy programs (mostly for inputs) over the past decade. The second part briefly traces the phase-by-phase evolution of Zimbabwe’s agricultural subsidy policies. The third section reviews the cost of agricultural subsidies. The fourth section summarizes preliminary quantitative analysis of the impacts of Command Agriculture, inclusive of subsidies on maize yields. The last section introduces options and recommendations for bringing subsidy costs under control while maintaining broad-based support for farmer productivity and agricultural sector development. 2020-07-17T20:13:35Z 2020-07-17T20:13:35Z 2020 Policy Note http://documents.worldbank.org/curated/en/170671592825344676/Agriculture-Subsidies-for-Better-Outcomes-Options-For-Zimbabwe http://hdl.handle.net/10986/34147 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note Africa Zimbabwe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SUBSIDIES
PUBLIC EXPENDITURE
SMART SUBSIDIES
AGRICULTURAL SUBSIDIES
INPUT SUBSIDY
COMMAND AGRICULTURE
spellingShingle SUBSIDIES
PUBLIC EXPENDITURE
SMART SUBSIDIES
AGRICULTURAL SUBSIDIES
INPUT SUBSIDY
COMMAND AGRICULTURE
World Bank
Agriculture Subsidies for Better Outcomes : Options For Zimbabwe
geographic_facet Africa
Zimbabwe
description Zimbabwe has a long history of providing subsidies to farmers. The policies that have defined these subsidies have changed over time and led periodically to significant and unsustainable pressure on fiscal resources. Agricultural subsidy costs are a main driver of recent fiscal imbalances and inflationary pressure. The Ministry of Finance and Economic Development is making efforts to bring them under control while maintaining adequate support to the agricultural sector during a significant drought and other structural challenges. This report contributes to the identification and scoping of options for redesigning agricultural subsidies in Zimbabwe so that their objectives, a mix of national food security, smallholder access to production technology, and trade balance strengthening can be pursued at significantly reduced fiscal costs. The first part of the report reviews informative cross-country surveys of agricultural subsidy programs (mostly for inputs) over the past decade. The second part briefly traces the phase-by-phase evolution of Zimbabwe’s agricultural subsidy policies. The third section reviews the cost of agricultural subsidies. The fourth section summarizes preliminary quantitative analysis of the impacts of Command Agriculture, inclusive of subsidies on maize yields. The last section introduces options and recommendations for bringing subsidy costs under control while maintaining broad-based support for farmer productivity and agricultural sector development.
format Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Agriculture Subsidies for Better Outcomes : Options For Zimbabwe
title_short Agriculture Subsidies for Better Outcomes : Options For Zimbabwe
title_full Agriculture Subsidies for Better Outcomes : Options For Zimbabwe
title_fullStr Agriculture Subsidies for Better Outcomes : Options For Zimbabwe
title_full_unstemmed Agriculture Subsidies for Better Outcomes : Options For Zimbabwe
title_sort agriculture subsidies for better outcomes : options for zimbabwe
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/170671592825344676/Agriculture-Subsidies-for-Better-Outcomes-Options-For-Zimbabwe
http://hdl.handle.net/10986/34147
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