IDEAS home Printed from https://ideas.repec.org/a/taf/bindes/v44y2008i1p93-114.html
   My bibliography  Save this article

Food Price Stabilisation And Food Security: International Experience

Author

Listed:
  • Paul Dorosh

Abstract

The importance of food commodities to consumers and farmers leads most countries to attempt to influence the levels and stability of food prices. The specific policies adopted and the degree of price stabilisation actually achieved vary considerably across countries, however. This paper reviews the experience of four countries (China, India, Bangladesh and Madagascar) that have implemented explicit price stabilisation and food security policies. Several policy lessons emerge from the analysis, including the potential savings to be made through reliance on international trade rather than buffer stocks; the likelihood of efficiency gains from relying more heavily on market mechanisms; the need to maintain transparency of policies; and the high cost of untargeted public distribution programs.

Suggested Citation

  • Paul Dorosh, 2008. "Food Price Stabilisation And Food Security: International Experience," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 44(1), pages 93-114.
    • Handle: RePEc:taf:bindes:v:44:y:2008:i:1:p:93-114
    DOI: 10.1080/00074910802001603
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00074910802001603
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00074910802001603?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Zhangyue Zhou & Guanghua Wan, 2006. "The Public Distribution Systems of Foodgrains and Implications for Food Security: A Comparison of the Experiences of India and China," WIDER Working Paper Series RP2006-98, World Institute for Development Economic Research (UNU-WIDER).
    2. Marie Hélène Dabat & Bart Minten & Paul Dorosh & Olivier Jenn-Treyer & John Magnay & Ziva Razafintsalama, 2006. "Rice markets in Madagascar in disarray," Post-Print hal-03049969, HAL.
    3. Alderman, Harold & Garcia, Marito, 1993. "Poverty, household food security, and nutrition in rural Pakistan:," Research reports 96, International Food Policy Research Institute (IFPRI).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Díaz-Bonilla, Eugenio, 2014. "On food security stocks, peace clauses, and permanent solutions after Bali:," IFPRI discussion papers 1388, International Food Policy Research Institute (IFPRI).
    2. Christophe Gouel & Sébastien Jean, 2015. "Optimal Food Price Stabilization in a Small Open Developing Country," The World Bank Economic Review, World Bank, vol. 29(1), pages 72-101.
    3. Gouel, Christophe, 2013. "Optimal food price stabilisation policy," European Economic Review, Elsevier, vol. 57(C), pages 118-134.
    4. Donald F. Larson & Julian Lampietti & Christophe Gouel & Carlo Cafiero & John Roberts, 2014. "Food Security and Storage in the Middle East and North Africa," The World Bank Economic Review, World Bank, vol. 28(1), pages 48-73.
    5. Haggblade, Steven & Nielson, Hunter & Govereh, Jones & Dorosh, Paul A., 2008. "Potential Consequences of Intra-Regional Trade in Short-Term Food Security Crises in Southeastern Africa," Food Security Collaborative Working Papers 55376, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    6. Ntsama Etoundi, Mireille, 2012. "La relation de prix entre le Cameroun et le Gabon [Is there a food price transmission between Cameroon and Gabon?]," MPRA Paper 54373, University Library of Munich, Germany, revised 03 May 2013.
    7. Díaz-Bonilla, Eugenio, 2017. "Food security stocks: Economic and operational issues:," IFPRI book chapters, in: Bouët, Antoine & Laborde Debucquet, David (ed.), Agriculture, development, and the global trading system: 2000– 2015, chapter 8, International Food Policy Research Institute (IFPRI).
    8. Tripathi, Ashutosh K. & Mishra, Ashok K., 2023. "Effect of public stockholding on wheat price dynamics in India: A quantile autoregression approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 68(01), September.
    9. Dorosh, Paul A. & Dradri, Simon & Haggblade, Steven, 2009. "Regional trade, government policy and food security: Recent evidence from Zambia," Food Policy, Elsevier, vol. 34(4), pages 350-366, August.
    10. Mariano, Marc Jim M. & Giesecke, James A., 2014. "The macroeconomic and food security implications of price interventions in the Philippine rice market," Economic Modelling, Elsevier, vol. 37(C), pages 350-361.
    11. Mohammad Hasan Mobarok & Wyatt Thompson & Theodoros Skevas, 2021. "COVID-19 and Policy Impacts on the Bangladesh Rice Market and Food Security," Sustainability, MDPI, vol. 13(11), pages 1-18, May.
    12. Ashutosh K. Tripathi, 2024. "Price support policy and market price dynamics: The case of Indian wheat," Agricultural Economics, International Association of Agricultural Economists, vol. 55(2), pages 412-427, March.
    13. World Bank, 2009. "Niger : Food Security and Safety Nets," World Bank Publications - Reports 18550, The World Bank Group.
    14. repec:ags:aaea22:335623 is not listed on IDEAS
    15. Christophe Gouel, 2013. "Rules versus Discretion in Food Storage Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(4), pages 1029-1044.
    16. Craig Sugden, 2009. "Responding to High Commodity Prices," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 23(1), pages 79-105, May.
    17. Abokyi, Emmanuel & Asiedu, Kofi Fred, 2021. "Agricultural policy and commodity price stabilisation in Ghana: The role of buffer stockholding operations," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 16(4), December.
    18. Rosegrant, Mark W., 2015. "Book Review | Food Security and Food Scarcity: Why Ending Hunger Is So Hard," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 12(2), December.
    19. Ian Gillson & Amir Fouad, 2015. "Trade Policy and Food Security : Improving Access to Food in Developing Countries in the Wake of High World Prices," World Bank Publications - Books, The World Bank Group, number 20537.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Naschold, Felix, 2016. "Measuring Poverty Over Time - Accounting for the intertemporal distribution of poverty," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235722, Agricultural and Applied Economics Association.
    2. Pierre Dubois & Bruno Jullien & Thierry Magnac, 2008. "Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence," Econometrica, Econometric Society, vol. 76(4), pages 679-725, July.
    3. Haddad, Lawrence & Bhattarai, Saroj & Immink, Maarten & Kumar, Shubh, 1998. "Estimating the interactions between household food security and preschool diarrhea," Food Policy, Elsevier, vol. 23(3-4), pages 241-261, November.
    4. Basu, Karna & Wong, Maisy, 2015. "Evaluating seasonal food storage and credit programs in east Indonesia," Journal of Development Economics, Elsevier, vol. 115(C), pages 200-216.
    5. Basu, Karna & Wong, Maisy, 2012. "Evaluating Seasonal Food Security Programs in East Indonesia," MPRA Paper 51219, University Library of Munich, Germany.
    6. Marcel Fafchamps & Agnes R. Quisumbing, 1999. "Human Capital, Productivity, and Labor Allocation in Rural Pakistan," Journal of Human Resources, University of Wisconsin Press, vol. 34(2), pages 369-406.
    7. Ueyama, Mika, 2007. "Income growth and gender bias in childhood mortality in developing countries:," IFPRI discussion papers 739, International Food Policy Research Institute (IFPRI).
    8. Grootaert, Christiaan & Kanbur, Ravi & Gi-Taik Oh, 1995. "The dynamics of poverty : why some people escape from poverty and others don't - an African case study," Policy Research Working Paper Series 1499, The World Bank.
    9. Akhter U. Ahmed & Salauddin Tauseef, 2022. "Climbing up the Ladder and Watching Out for the Fall: Poverty Dynamics in Rural Bangladesh," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 160(1), pages 309-340, February.
    10. Nancy Birdsall & Thomas C. Pinckney & Richard H. Sabot, 1996. "¿Por qué poca desigualdad fomenta el crecimiento: el ahorro y la inversión de los pobres," Research Department Publications 4035, Inter-American Development Bank, Research Department.
    11. S. M. Naseem, 2012. "A Review Of Studies On Poverty In Pakistan: Origin, Evolution, Thematic Content And Future Directions," PIDE Books, Pakistan Institute of Development Economics, number 2012:1 edited by Rashid Amjad.
    12. Govereh, Jones & Haggblade, Steven & Nielson, Hunter & Tschirley, David L., 2008. "Maize Market Sheds in Eastern and Southern Africa. Report 1," Food Security Collaborative Working Papers 55374, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    13. Shahrukh Rafi Khan & Mehnaz Ahmad, 1996. "Gender and Structural Adjustment in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 1(1), pages 79-95, October.
    14. Jamal, Haroon, 2009. "Assessing Vulnerability to Poverty:Evidence from Pakistan," MPRA Paper 40228, University Library of Munich, Germany.
    15. Harold Alderman & Christina H. Paxson, 1994. "Do the Poor Insure? A Synthesis of the Literature on Risk and Consumption in Developing Countries," International Economic Association Series, in: Edmar L. Bacha (ed.), Economics in a Changing World, chapter 3, pages 48-78, Palgrave Macmillan.
    16. Ralandison, Tsilavo & Arimoto, Yutaka & Kono, Hisaki & Sakurai, Takeshi & Takahashi, Kazushi, 2018. "Rice flows across regions in Madagascar," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 13(1), March.
    17. Sabiha Ibrahim, 1999. "Anthropometric Patterns and Correlates of Growth Attainment in Under-five Pakistani Children," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 38(2), pages 131-152.
    18. Espen Villanger, 2003. "The effects of disasters on income mobility: Bootstrap inference and measurement error simulations," CMI Working Papers WP 2003:6, CMI (Chr. Michelsen Institute), Bergen, Norway.
    19. Sarolta Laczo, 2010. "Estimating Dynamic Contracts: Risk Sharing in Village Economies," 2010 Meeting Papers 687, Society for Economic Dynamics.
    20. Pangaribowo, Evita Hanie & Tsegai, Daniel W., 2011. "Food Demand Analysis of Indonesian Households with Particular Attention to the Poorest," Discussion Papers 116748, University of Bonn, Center for Development Research (ZEF).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:bindes:v:44:y:2008:i:1:p:93-114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CBIE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.