The Supply Response to Exchange Rate Reform in Sub-Saharan Africa
Author | : Mustapha Rouis |
Publisher | : World Bank Publications |
Total Pages | : 96 |
Release | : 1994 |
Genre | : Devaluation of currency |
ISBN | : |
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Author | : Mustapha Rouis |
Publisher | : World Bank Publications |
Total Pages | : 96 |
Release | : 1994 |
Genre | : Devaluation of currency |
ISBN | : |
Author | : Mylène Kherallah |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 23 |
Release | : 2000 |
Genre | : Social Science |
ISBN | : 0896295257 |
The need for agricultural reform; How far did reforms go? Impact of the reforms; The future of agricultural market reform in Sub-Saharan Africa.
Author | : Ataman Aksoy |
Publisher | : |
Total Pages | : 25 |
Release | : 2017 |
Genre | : |
ISBN | : |
During the late 1980s and the 1990s, most countries in Sub-Saharan Africa implemented agricultural policy reforms, along with national political and economic reforms. The agricultural reforms focused on opening up processing and marketing activities to increased competition and eliminating export taxes and restrictions to improve producer incentives. In eight of nine country/commodity case studies analyzed in this paper, output responded positively in the short run to the reforms. In many cases, however, the initial supply response was not sustained in the face of subsequent shocks. The studies suggest that stakeholder consensus on the distribution of sector-specific rents is a key variable affecting the sustainability of supply responses. Agricultural sector reforms lead to large changes in income distribution. The greater the acceptance of the distribution of rents following the reforms, the better sectors are able to accommodate subsequent shocks. In cases where the initial consensus on the distribution of rents is weak, shocks lead to reform reversals in some cases or an inability to design necessary support institutions in others. The diversity in outcomes across similar products and countries suggests it is possible to achieve sector and local level results that differ from national ones.
Author | : Ibrahim Elbadawi |
Publisher | : World Bank Publications |
Total Pages | : 72 |
Release | : 1992 |
Genre | : Africa |
ISBN | : |
The observed decline of agriculture and the general worsening of economic conditions in Sub-Saharan Africa are linked to economic distortions, which limit growth.
Author | : Faezeh Foroutan |
Publisher | : World Bank Publications |
Total Pages | : 64 |
Release | : 1993 |
Genre | : Africa, Sub-Saharan |
ISBN | : |
Author | : Jo Ann Paulson |
Publisher | : Springer |
Total Pages | : 375 |
Release | : 2016-07-27 |
Genre | : Business & Economics |
ISBN | : 1349274836 |
An authoritative assessment of the reform efforts in African economies during the 1980s and early 1990s, with the focus on economic liberalization in those socialist countries which began from a position of pervasive state intervention. A companion theoretical volume (0-333-66545-7) examines the changing role of the state during the period of transition. This volume examines the important debate on agricultural reforms in the period, and provides in-depth country studies of the transition economies, covering Congo, Madagascar, Tanzania and the impact of war on transition in Angola and Mozambique. These books are the first in an important new series in association with the Centre for the Study of African Economies, University of Oxford.
Author | : Ishrat Husain |
Publisher | : World Bank Publications |
Total Pages | : 28 |
Release | : 1994 |
Genre | : Africa, Sub-Saharan |
ISBN | : |
Author | : John Nash |
Publisher | : Asia Pacific Press |
Total Pages | : 401 |
Release | : 1997-01-01 |
Genre | : Business & Economics |
ISBN | : 9780731523658 |
Author | : M. Ataman Aksoy |
Publisher | : World Bank Publications |
Total Pages | : 338 |
Release | : 2012-07-10 |
Genre | : Business & Economics |
ISBN | : 0821395440 |
This volume analyzes the political economy of the successes and failures of the agricultural reform programs in Sub Saharan Africa. It shows that in almost all cases reforms lead to a supply response but their sustainability in face of shocks depend on the consensus about the reform and the subsequent rent distribution.