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Business/Investing From Parastatals to Private Trade: Lessons from Asian Agriculture (International Food Policy Research Institute)
Posted on 2010-03-16
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More From Parastatals to Private Trade: Lessons from Asian Agriculture (International Food Policy Research Institute) By Shahidur Rashid, Ashok Gulati, Ralph Cummings Jr. In developing countries across Asia, food marketing parastatals have played an important role in agricultural policy, especially with regard to government efforts to stabilize food prices. Three broad market failures constitute the primary arguments for this form of government intervention: a lack of market integration stemming from inadequate infrastructure, the absence or inadequacy of risk-mitigating institutions and markets, and the need to protect the world's poorest communities from a volatile global market. Opponents of such public intervention schemes claim that the old rationales are no longer convincing, that the programs are not cost-effective and do not allocate resources optimally, and that private institutions are strong enough to take over many of the functions traditionally performed by parastatals. To thank me use this links! Download many interesting free eBooks HERE
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