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Agricultural price policies are under closer review now in many developing countries. There is a growing tendency to rely more on market forces. What impact have agricultural price policies had on the performance of the agricultural sector in developing countries until now?
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Government intervention in developing countries has often been biased towards the support of urban industries and the urban population. The resulting distortions in exchange rates and in the prices of the factors of production have had serious detrimental effects on rural areas. A gradual...
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Development failures are less the result of "natural" short-comings, but are caused instead by false conceptions and by the misapplication of experience from highly-developed economic systems to countries in the initial development stage. The following article points out the pit-falls and...
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The European Community has frequently been blamed for impairing, through its highly protectionist agricultural policy, the development chances of Third World countries. Our article analyses whether, and to what extent, this reproach is justified.
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