Author : John Baffes,Jacob Meerman
Publisher : World Bank Publications
Page : 21 pages
File Size : 54,7 Mb
Release : 1997
Category : Agricultura
ISBN : 8210379456XXX
From Prices to Incomes by John Baffes,Jacob Meerman Pdf
"In theory, moving from price-based subsidies for agriculture to less-distorted income support programs makes sense. In practice, income-support programs have many shortcomings, and developing countries may lack the support mechanisms needed to make them effective. Drawing on experience with direct income-support programs recently introduced in the European Union, Mexico, and the United States, Baffes and Meerman highlight problems that may arise when a developing economy's agricultural sector moves from price-based subsidies to income support programs."--World Bank.