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?

The growth strategies pursued by the vast majority of developing countries considerably neglect the agricultural sector. The following article discusses the main determinant factors for this discrimination, namely the shortcomings of macroeconomic as well as sectoral and project policies.

The low agricultural output of many developing countries is often blamed on discrimination against the farm sector, especially as a result of low state-regulated prices. Accordingly, it is argued that agricultural prices should be raised to offer producers incentives to expand production....

There are signs indicating that in many developing countries land ownership has become more concentrated in the past decade. This is all the more significant as in developing countries the large majority of the population derives its income from farming. Land reforms are needed to ensure a more...

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...