The purpose of the government of Pakistan's intervention in the wheat market has been to ensure food security for consumers and provide adequate and stable income for producers, but the cost of this intervention...
In the 1980s, cotton production in sub - Saharan Africa expanded significantly. Annual production growth averaged 4.7 percent between 1980 and 1990, compared with only 1.2 percent for 1964-79. At the same...
Structural adjustment programs in sub-Saharan African countries in the 1980s removed trade restrictions, price controls, and export taxes and abolished state-owned commodity marketing bodies. The authors...
In modeling the supply of perennial crops, many researchers have used the vintage-capital production approach, most recently formulated by Akiyama and Trivedi. Implementing this approach requires reliable...
The authors extend the widely used Newbery and Stiglitz (1981) approach to measuring welfare changes from commodity price stabilization to a general equilibrium setting. They derive the welfare changes...
This report shows that Papua New Guinea's assets and liabilities may be poorly balanced for debt servicing. Thus, it could benefit substantially from active risk management, especially through better selection...
Venezuela's agricultural sector is heavily regulated and protected. As part of structural adjustment, the government is considering major reform of its agricultural trade policies. The strategy is to introduce...