Food Price Stabilisation and Food Security : International Experience

The importance of food commodities to consumers and farmers leads most countries to attempt to influence the levels and stability of food prices. The specific policies adopted and the degree of price stabilisation actually achieved vary considerably across countries, however. This paper reviews the...

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Main Author: Dorosh, Paul A.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5674
id okr-10986-5674
recordtype oai_dc
spelling okr-10986-56742021-04-23T14:02:23Z Food Price Stabilisation and Food Security : International Experience Dorosh, Paul A. Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Agriculture: Aggregate Supply and Demand Analysis Prices Q110 Agricultural Policy Food Policy Q180 The importance of food commodities to consumers and farmers leads most countries to attempt to influence the levels and stability of food prices. The specific policies adopted and the degree of price stabilisation actually achieved vary considerably across countries, however. This paper reviews the experience of four countries (China, India, Bangladesh and Madagascar) that have implemented explicit price stabilisation and food security policies. Several policy lessons emerge from the analysis, including the potential savings to be made through reliance on international trade rather than buffer stocks; the likelihood of efficiency gains from relying more heavily on market mechanisms; the need to maintain transparency of policies; and the high cost of untargeted public distribution programs. 2012-03-30T07:33:59Z 2012-03-30T07:33:59Z 2008 Journal Article Bulletin of Indonesian Economic Studies 00074918 http://hdl.handle.net/10986/5674 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China India Bangladesh Madagascar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Agriculture: Aggregate Supply and Demand Analysis
Prices Q110
Agricultural Policy
Food Policy Q180
spellingShingle Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Agriculture: Aggregate Supply and Demand Analysis
Prices Q110
Agricultural Policy
Food Policy Q180
Dorosh, Paul A.
Food Price Stabilisation and Food Security : International Experience
geographic_facet China
India
Bangladesh
Madagascar
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description The importance of food commodities to consumers and farmers leads most countries to attempt to influence the levels and stability of food prices. The specific policies adopted and the degree of price stabilisation actually achieved vary considerably across countries, however. This paper reviews the experience of four countries (China, India, Bangladesh and Madagascar) that have implemented explicit price stabilisation and food security policies. Several policy lessons emerge from the analysis, including the potential savings to be made through reliance on international trade rather than buffer stocks; the likelihood of efficiency gains from relying more heavily on market mechanisms; the need to maintain transparency of policies; and the high cost of untargeted public distribution programs.
format Journal Article
author Dorosh, Paul A.
author_facet Dorosh, Paul A.
author_sort Dorosh, Paul A.
title Food Price Stabilisation and Food Security : International Experience
title_short Food Price Stabilisation and Food Security : International Experience
title_full Food Price Stabilisation and Food Security : International Experience
title_fullStr Food Price Stabilisation and Food Security : International Experience
title_full_unstemmed Food Price Stabilisation and Food Security : International Experience
title_sort food price stabilisation and food security : international experience
publishDate 2012
url http://hdl.handle.net/10986/5674
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