Agricultural Incentives in Sub-Saharan Africa: Policy Challenges, Volumes 23-444World Bank Publications, 1999 M01 1 - 191 pages Printed on Demand. Limited stock is held for this title. If you would like to order 30 copies or more please contact books@worldbank.org Contact books@worldbank.org, if currently unavailable. QUOTEAs we move into the 21st century, Africa faces tremendous opportunities for growth in which agriculture will continue to play a prominent role. Implementing the unfinished policy agenda is critical to realizing these opportunities.QUOTE-Hans P. Binswanger, Sector Director The main focus of this study is on improving the policy regime in Africa to stimulate agricultural growth. It examines the state of agricultural incentives in Sub-Saharan Africa, taking stock of the current policy environment and its recent evolution, to update knowledge and to help develop a stronger consensus on the appropriate policies and incentives that will stimulate agricultural growth. The global environment is examined together with the macroeconomic, export crop, food crop, and fertilizer policies in 16 African countries. |
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Common terms and phrases
Agric agricultural exports agricultural growth agricultural incentives barriers barter terms Benin border price Burkina Faso Burundi Cameroon Cereal yields change in real cocoa coffee commodity prices competition Côte d'Ivoire cotton currency devaluation decline economic effects efficiency Exchange rate pass-through Export Crop Policy External Terms f.o.b. price farmers fertilizer market Fertilizer Policy fertilizer prices Figure fiscal Food Crop Policy Gambia Ghana grain groundnuts improved income terms infrastructure inhibited intervention investment Kenya liberalization macroeconomic Madagascar maize Malawi Mali marketing boards Mozambique multi-factor productivity Nigeria output parastatal percent Policy Macroeconomic Policy Policy score price ratio price trends private sector private traders producer's share Producers share Real agricultural GDP Real interest rates real producer prices reforms rural Seigniorage Senegal share of f.o.b. significant South Africa stabilization Sub-Saharan Africa Table Tanzania tariffs terms of trade Togo Trade for Agriculture transportation costs Uganda v.a. per worker variable World Bank world price Zimbabwe
Popular passages
Page 189 - Gambia Ghana Guinea Guinea-Bissau Kenya Lesotho Liberia Madagascar Malawi Mali Mauritania Mauritius Mozambique Namibia Niger Nigeria Rwanda Sao Tome...
Page 178 - Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo, Democratic Republic of Congo, Cote d...
Page 179 - Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe...
Page 26 - These measures include quantitative import restrictions, variable import levies, minimum import prices, discretionary import licensing, non-tariff measures maintained through statetrading enterprises, voluntary export restraints, and similar border measures other than ordinary customs duties...
Page 50 - ... of the existence of perfect competition, set forth on pages 76-80 of his book, Risk, Uncertainty, and Profit, first published in 1921 as one of the Hart, Schaffner & Marx prize essays in economics. For completeness, I shall first repeat that an optimal allocation of resources is a situation in which nobody can be made better off without making someone else worse off. The required conditions are as follows (all are clearly unrealistic in some way): (a) Motivation.— Each individual seeks intelligently...
Page 31 - The main factors behind the stagnation and decline were poor policies — both macroeconomic and sectoral — emanating from a development paradigm that gave the state a prominent role in production and in regulating economic activity. Overvalued exchange rates and large and prolonged budget deficits undermined the macroeconomic stability needed for long-term growth. Protectionist trade policies and government monopolies reduced the competition so vital for increasing productivity.
Page 50 - Einfach formuliert lautet es: „(I) If there are enough markets, (2) if all consumers and producers behave competitively, and (3) if an equilibrium exists, then the allocation of resources in that equilibrium will be Pareto optimal.
Page xvi - I define productivity growth as the net change in output due to change in efficiency and technical change, where the former is understood to be the change in how far an observation is from the frontier of technology and the latter is understood to be shifts in the production frontier.
Page 7 - An economy is deemed to be open to trade if it satisfies four tests: (1) average tariff rates below 40%; (2) average quota and licensing coverage of imports of less than 40%; (3) a black market exchange rate premium that averaged less than 20% during the decade of the 1970s and 1980s; and (4) no extreme controls (taxes, quotas, state monopolies) on exports.
Page 37 - US$) at time t. y, r is meant to be a 'mark-up' factor including transport costs and competitive profit margins to make the border price comparable with the domestic price.