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Grain price stabilization experiences in Asia: What have we learned? by Ralph Cummings Jr.; Shahidur Rashid; Ashok Gulati is a Agricultural and Biological Sciences article available to read on EtoBox.

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Governments in most Asian countries used grain price stabilization as a major policy instrument when they embarked on promoting the Green Revolution. The art of public policy-making is to know when to introduce government interventions and when to withdraw. The common mistake is to forget the withdrawal part, leading to unsustainably high costs -a dilemma that most Asian countries are confronted with today. Analyzing case studies of six Asian countries, which have tried to tackle the task in different ways with varying degrees of success, eight key lessons can be learned from the more than three decades of food price stabilization in Asia. Times have changed: policies and public agencies that may have been appropriate 30 years ago are not optimal today. Private institutions have strengthened significantly -or could be strengthened significantly -and should be entrusted for many of the functions that parastatals, or other govern-

Who reads Grain price stabilization experiences in Asia: What have we learned??

Author

Ralph Cummings Jr.; Shahidur Rashid; Ashok Gulati

Publisher

Elsevier Science; Elsevier ; Elsevier Ltd.; Elsevier BV (ISSN 0306-9192)

Published

2006

Language

EN

Field

Agricultural and Biological Sciences (Life Sciences)