Research Catalog

Policy Responses in Emerging Economies to International Agricultural Commodity Price Surges

Title
Policy Responses in Emerging Economies to International Agricultural Commodity Price Surges [electronic resource] / Darryl Jones and Andrzej Kwiecinski
Author
Jones, Darryl.
Publication
Paris : OECD Publishing, 2010.

Available Online

Full text online available onsite at NYPL

Details

Additional Authors
Kwiecinski, Andrzej.
Description
90 p.; 21 x 29.7cm.
Summary
This report examines and classifies policy responses in ten major emerging economies to the rise in international agricultural commodity prices in 2006-08. It also analyses impacts of these responses on the domestic market to evaluate their effectiveness in meeting stated policy objectives. The report separates government responses into four major types: market interventions to limit the rise in food prices, market interventions to control inflation, assistance to consumers through safety nets and support to producers. As an indication of the relative importance of these responses in a given country, the report estimates the fiscal costs of policies applied. Developments in trade flows, price transmission, inflation, consumption and production were used to investigate impacts on domestic markets and to draw policy conclusions. Market interventions to minimise the impact on consumers were not always successful, even if trade flows were disrupted, and had taxing effects on farmers who could not benefit from higher international prices. These taxing effects were often partly compensated by increased input-linked support to farmers, which had a relatively high fiscal cost in some instances.
Series Statement
OECD Food, Agriculture and Fisheries Papers, 1815-6797 ; no.34
Uniform Title
OECD Food, Agriculture and Fisheries Papers, no.34.
Subject
Agriculture and Food
LCCN
10.1787/5km6c61fv40w-en
OCLC
oecd-lib-002019
Author
Jones, Darryl.
Title
Policy Responses in Emerging Economies to International Agricultural Commodity Price Surges [electronic resource] / Darryl Jones and Andrzej Kwiecinski
Imprint
Paris : OECD Publishing, 2010.
Series
OECD Food, Agriculture and Fisheries Papers, 1815-6797 ; no.34
OECD Food, Agriculture and Fisheries Papers, 1815-6797 ; no.34.
Connect to:
http://dx.doi.org/10.1787/5km6c61fv40w-en
Indexed Term
Agriculture and Food
Added Author
Kwiecinski, Andrzej.
Other Editions:
Mesures prises dans les économies émergentes face aux flambées des cours internationaux des produits agricoles de base fre (FR-PaOEC)5km6c60xbfhk-fr
Other Standard Identifier
10.1787/5km6c61fv40w-en doi
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