The road half traveled: agricultural market reform in Sub-Saharan Africa

During the past two decades, most countries in Sub-Saharan Africa undertook extensive economic reforms to reduce the role of the government and increase the role of the market in their economies. Because of the importance of the agricultural sector in the region, agricultural market reforms occupied...

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Autores principales: Kherallah, Mylene, Delgado, Christopher L., Gabre-Madhin, Eleni Zaude, Minot, Nicholas, Johnson, Michael E.
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2000
Materias:
Acceso en línea:https://hdl.handle.net/10568/156645
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author Kherallah, Mylene
Delgado, Christopher L.
Gabre-Madhin, Eleni Zaude
Minot, Nicholas
Johnson, Michael E.
author_browse Delgado, Christopher L.
Gabre-Madhin, Eleni Zaude
Johnson, Michael E.
Kherallah, Mylene
Minot, Nicholas
author_facet Kherallah, Mylene
Delgado, Christopher L.
Gabre-Madhin, Eleni Zaude
Minot, Nicholas
Johnson, Michael E.
author_sort Kherallah, Mylene
collection Repository of Agricultural Research Outputs (CGSpace)
description During the past two decades, most countries in Sub-Saharan Africa undertook extensive economic reforms to reduce the role of the government and increase the role of the market in their economies. Because of the importance of the agricultural sector in the region, agricultural market reforms occupied a central place in these liberalization efforts. Agricultural reforms included the removal of price controls, deregulation of agricultural marketing, closure of state-owned enterprises that monopolized agricultural trade, and changes in the foreign exchange market to provide greater incentives for exports. The expectation was that improving price incentives for farmers and reducing government intervention in the agricultural sector would be enough to generate a supply response and allow well-functioning markets to emerge quickly. Almost two decades later, the general consensus is that the reform programs in Sub-Saharan Africa have not met expectations. At the beginning of the 21st century, Sub-Saharan Africa confronts a number of daunting problems: extensive hunger, malnutrition, poverty, resource degradation, and the spread of AIDS. Because the majority of the region’s population remains dependent on agriculture for its livelihood, well-functioning and efficient agricultural markets continue to be key to improving Sub-Saharan Africa’s economic health. This report reviews the extensive evidence on agricultural market reforms in Sub-Saharan Africa and summarizes the impact reforms have had on market performance, agricultural production, use of modern inputs,and poverty. The report offers eight recommmendations for completing the reform process and developing a new agenda for agricultural markets in Sub-Saharan Africa.
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spelling CGSpace1566452025-01-10T06:36:05Z The road half traveled: agricultural market reform in Sub-Saharan Africa Kherallah, Mylene Delgado, Christopher L. Gabre-Madhin, Eleni Zaude Minot, Nicholas Johnson, Michael E. agriculture development commodity markets malnutrition agricultural economics resource management During the past two decades, most countries in Sub-Saharan Africa undertook extensive economic reforms to reduce the role of the government and increase the role of the market in their economies. Because of the importance of the agricultural sector in the region, agricultural market reforms occupied a central place in these liberalization efforts. Agricultural reforms included the removal of price controls, deregulation of agricultural marketing, closure of state-owned enterprises that monopolized agricultural trade, and changes in the foreign exchange market to provide greater incentives for exports. The expectation was that improving price incentives for farmers and reducing government intervention in the agricultural sector would be enough to generate a supply response and allow well-functioning markets to emerge quickly. Almost two decades later, the general consensus is that the reform programs in Sub-Saharan Africa have not met expectations. At the beginning of the 21st century, Sub-Saharan Africa confronts a number of daunting problems: extensive hunger, malnutrition, poverty, resource degradation, and the spread of AIDS. Because the majority of the region’s population remains dependent on agriculture for its livelihood, well-functioning and efficient agricultural markets continue to be key to improving Sub-Saharan Africa’s economic health. This report reviews the extensive evidence on agricultural market reforms in Sub-Saharan Africa and summarizes the impact reforms have had on market performance, agricultural production, use of modern inputs,and poverty. The report offers eight recommmendations for completing the reform process and developing a new agenda for agricultural markets in Sub-Saharan Africa. 2000 2024-10-24T12:44:56Z 2024-10-24T12:44:56Z Report https://hdl.handle.net/10568/156645 en Open Access application/pdf International Food Policy Research Institute Kherallah, Mylene; Delgado, Christopher L.; Gabre-Madhin, Eleni Zaude; Minot, Nicholas; Johnson, Michael E. 2000. The road half traveled: agricultural market reform in Sub-Saharan Africa. Food Policy Report 10. https://hdl.handle.net/10568/156645
spellingShingle agriculture
development
commodity markets
malnutrition
agricultural economics
resource management
Kherallah, Mylene
Delgado, Christopher L.
Gabre-Madhin, Eleni Zaude
Minot, Nicholas
Johnson, Michael E.
The road half traveled: agricultural market reform in Sub-Saharan Africa
title The road half traveled: agricultural market reform in Sub-Saharan Africa
title_full The road half traveled: agricultural market reform in Sub-Saharan Africa
title_fullStr The road half traveled: agricultural market reform in Sub-Saharan Africa
title_full_unstemmed The road half traveled: agricultural market reform in Sub-Saharan Africa
title_short The road half traveled: agricultural market reform in Sub-Saharan Africa
title_sort road half traveled agricultural market reform in sub saharan africa
topic agriculture
development
commodity markets
malnutrition
agricultural economics
resource management
url https://hdl.handle.net/10568/156645
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