Volume 2B. Part 5: Agricultural and Food Policy. The incidence of agricultural policy (J.M. Alston, J.S. James). Information, incentives, and the design of agricultural policies (R.G. Chambers). Market failures and second-best analysis, with a focus on nutrition, credit, and incomplete markets...

Faced with a significant devaluation of its currency and a surge in food prices, the Nigerian government prohibited the use of foreign currency for food imports. This essentially blocked the importation of numerous food items under the guise of stimulating domestic output of these staples....