Privatization and Deregulation: Needed Policy Reforms for Agribusiness DevelopmentSidhu Agribusiness development has been constrained by distorted economic policies and institutional controls in the emerging market economies and in most of the developing countries. In the former Soviet Union and Eastern Europe, the agribusiness complex was dominated by state-owned enter prises. In many of the developing countries, economic policies discriminated against agriculture and agribusiness. The results have been obvious. Despite major technological advances, agriculture and agribusiness sectors in these economies remained inefficient. A large share of the population, particu larly in the rural areas, has not been able to improve household incomes and living standards. The final decade of the 20th century will certainly be recorded as one of the most dynamic in modem history. The restructuring of the former Soviet Union and Eastern Europe and market reforms in many of the developing countries are progressing at a rapid pace. Agribusiness is key to economic perfor mance in these areas in that agriculture is an important sector in many of these economies. Economic transition to a market economy is presenting many challenges and opportunities to accelerate the process of agribusiness development, which is so essential to alleviate rural poverty. An international symposium, organized by the International Fertilizer Development Center (IFDC), provided a unique opportunity to discuss needed policy reforms to promote efficient and competitive agribusiness develop ment, with a particular focus on privatization and deregulation. |
Contents
3 | |
Economic Development Process and Experience | 25 |
Privatization of Agribusiness | 39 |
Privatization and Deregulation of Agribusiness | 47 |
Privatization and Deregulation of Support Services | 61 |
Privatization of Agribusiness Input Markets | 67 |
Privatization and Deregulation of the Fertilizer Sector | 77 |
Exchange Rates and the Performance of Agribusiness Markets | 87 |
Environmental Regulations and the Fertilizer Business | 121 |
World Bank Experience | 139 |
Reforming Agriculture and Agribusiness in Russia | 153 |
Liberalization of Agricultural Input Markets in Bangladesh | 175 |
PrivateSector Imports of Fertilizers and Pesticides in Bangladesh | 191 |
Reforming Fertilizer Markets in East Africa | 205 |
Policy Reform and Agribusiness Development | 219 |
Limitations of Loan Targeting and Life After Reform | 111 |
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Privatization and Deregulation: Needed Policy Reforms for Agribusiness ... Sidhu No preview available - 1999 |
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