The 1998 flood in Bangladesh caused a shortfall of 2.2 million tonnes (mill.t) in the rice production and threatened the food security of tens of millions of households. Despite the best efforts of donors and the government, the public distribution ofrice and wheat was only 188,000t more than...

This paper offers an overview for a special issue on agroindustrialization, globalization, and international development. It sets out a conceptual framework for understanding the links among these three broad phenomena and then discusses emerging issues and evidence concerning the factors...

This paper considers the effects of real exchange rate depreciation on stochastic agricultural producer prices in low-income agriculture. Conventional wisdom, that real depreciation achieved through nominal currency devaluation stimulates tradables production, does not universally hold in the...

A longstanding puzzle in comparative economics is the 'developmental paradox', the tendency for government support for agriculture to increase with national income and to decrease with the proportion of economic activity and of the population in agriculture. This paper offers a microeconomic...