Food crises triggered by high prices had been experienced in agricultural markets in the past. However, the current state of agricultural markets has raised a lot of concerns to policy makers, media, the public and all stakeholders. This is against the background of the fact that only a selected...

This paper examines the effect of agricultural development on a country's overall development and growth experience. In most poor countries, large fractions of land, labor, and other productive resources are devoted to producing food for subsistence needs. This 'food problem' can delay a...

Extension of factual and analytical work to policy issues has been a feature of agricultural economics from its beginnings, but only in recent decades have these efforts become part of the scientific core of what agricultural economists do. At the same time, the range of policy analysis has...