Grain price stabilization experiences in Asia: what have we learned?”
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 withdr...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Elsevier
2006
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/172183 |
| _version_ | 1855528749557088256 |
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| author | Cummings, Jr. , Ralph Rashid, Shahidur Gulati, Ashok |
| author_browse | Cummings, Jr. , Ralph Gulati, Ashok Rashid, Shahidur |
| author_facet | Cummings, Jr. , Ralph Rashid, Shahidur Gulati, Ashok |
| author_sort | Cummings, Jr. , Ralph |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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 government agencies, have traditionally performed. Holding on to old practices delays reaping the benefits that changing current policies have to offer. |
| format | Journal Article |
| id | CGSpace172183 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2006 |
| publishDateRange | 2006 |
| publishDateSort | 2006 |
| publisher | Elsevier |
| publisherStr | Elsevier |
| record_format | dspace |
| spelling | CGSpace1721832025-01-29T12:59:30Z Grain price stabilization experiences in Asia: what have we learned?” Cummings, Jr. , Ralph Rashid, Shahidur Gulati, Ashok price stabilization green revolution agricultural policies risk governance incentives institutions grain prices private sector parastatals 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 government agencies, have traditionally performed. Holding on to old practices delays reaping the benefits that changing current policies have to offer. 2006-08 2025-01-29T12:59:30Z 2025-01-29T12:59:30Z Journal Article https://hdl.handle.net/10568/172183 en Limited Access Elsevier Cummings, Jr. , Ralph; Rashid, Shahidur; Gulati, Ashok. 2006. Grain price stabilization experiences in Asia: what have we learned?”. Food Policy 31(4): 302 312. https://doi.org/10.1016/j.foodpol.2006.03.006 |
| spellingShingle | price stabilization green revolution agricultural policies risk governance incentives institutions grain prices private sector parastatals Cummings, Jr. , Ralph Rashid, Shahidur Gulati, Ashok Grain price stabilization experiences in Asia: what have we learned?” |
| title | Grain price stabilization experiences in Asia: what have we learned?” |
| title_full | Grain price stabilization experiences in Asia: what have we learned?” |
| title_fullStr | Grain price stabilization experiences in Asia: what have we learned?” |
| title_full_unstemmed | Grain price stabilization experiences in Asia: what have we learned?” |
| title_short | Grain price stabilization experiences in Asia: what have we learned?” |
| title_sort | grain price stabilization experiences in asia what have we learned |
| topic | price stabilization green revolution agricultural policies risk governance incentives institutions grain prices private sector parastatals |
| url | https://hdl.handle.net/10568/172183 |
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