Commodity Market Reforms: Lessons of Two Decades (World Bank by Donald F. Larson, Akiyama Takamasa, Panos Varangis, John PDF

By Donald F. Larson, Akiyama Takamasa, Panos Varangis, John Baffes

ISBN-10: 0585458227

ISBN-13: 9780585458229

ISBN-10: 0821345885

ISBN-13: 9780821345887

This booklet discusses the time-honored strategy of commodity marketplace reform within the particular context of cocoa, espresso, cotton, grains and sugar markets, and offers classes via selectively drawing on cross-country event in these markets. The commodity markets coated during this ebook deserve particular consciousness for the next purposes -

• They play a massive position in lots of constructing nations;
• those markets illustrate how good particular positive aspects can effect the reform technique and illustrate the significance of taking preliminary stipulations into consideration while designing reform;
• adventure from commodity markets illustrates how long-standing interventions can crowd out markets and associations aimed at the aid of non-public markets;
• shut exam of liberalization on the commodity point exhibits the sensible ways in which adjustments in advertising and marketing platforms can lead to a shift in political strength clear of the govt. and towards the non-public quarter within the layout and implementation of commodity subsector guidelines.

This booklet makes a speciality of commodity-specific stipulations that quickened or slowed the speed of reform and appears on the courting among altering markets and associations. It argues that the advantages of marketplace reform and exchange liberalization are just totally learned whilst the aiding issue markets and the associations paintings.

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New PDF release: Commodity Market Reforms: Lessons of Two Decades (World Bank

This e-book discusses the known means of commodity industry reform within the particular context of cocoa, espresso, cotton, grains and sugar markets, and offers classes via selectively drawing on cross-country adventure in these markets. The commodity markets coated during this ebook deserve precise realization for the next purposes - • They play a huge position in lots of constructing international locations; • those markets illustrate how good distinctive gains can impression the reform technique and illustrate the significance of taking preliminary stipulations into consideration whilst designing reform; • adventure from commodity markets illustrates how long-standing interventions can crowd out markets and associations aimed at the aid of personal markets; • shut exam of liberalization on the commodity point indicates the sensible ways in which adjustments in advertising and marketing structures can lead to a shift in political strength clear of the govt. and towards the personal zone within the layout and implementation of commodity subsector regulations.

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Extra info for Commodity Market Reforms: Lessons of Two Decades (World Bank Regional and Sectoral Studies)

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Peasant Economy," in J. Eatwell, M. Milgate, and P. , The New Palgrave: Economic Development. New York: Norton. Timmer, C. P. 1991. Agriculture and the State: Growth, Employment and Poverty in Developing Countries. Ithaca: Cornell University Press. , and D. Larson. 1996. " Working Paper 1667. C: World Bank. , ed. 1997. Deepening Structural Reform in Africa; Lessons from East Asia. : International Monetary Fund and Ministry of Finance of Japan. Widner, J. , ed. 1994. Economic Change and Political Liberalization in Sub-Saharan Africa.

In Uganda regulations on the coffee sector were modified and monitored during the process of liberalization. The lack of an appropriate regulatory framework following liberalization was one of the main problems in Nigeria. And in Cameroon regulatory enforcement was weak, creating uncertainty in the new system, particularly from the point of view of foreign buyers. THE LEGAL STRUCTURE. Governments Coordinating with as many stakeholders as possible facilitates a smooth liberalization process. In Mali close coordination between the government and donors during the liberalization of the cereals subsector not only prevented donors from duplicating efforts and giving the government contradictory signals but also helped ensure that food aid was properly used.

Larson. 1994. " Policy Research Paper 1245. : World Bank. , and Associates. 1971. The Structure of Protection in Developing Countries. Baltimore: Johns Hopkins Press. Bates, R. H. 1981. Markets and States in TropicalAfrica: The Political Basis of Agricultural Policies. Berkley: University of California Press. -. 1989. , Structural Adjustment and Agriculture: Theory and Practice in Africa and Latin America. London: Overseas Development Institute. Bauer, P. T. 1954. West African Trade:a Study of Competition, Oligopoly, and Monopoly in a Changing Economy.

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Commodity Market Reforms: Lessons of Two Decades (World Bank Regional and Sectoral Studies) by Donald F. Larson, Akiyama Takamasa, Panos Varangis, John Baffes


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