Titlebook: What Price Food?; Agricultural Price-P Paul Streeten Book 1987 Palgrave Macmillan, a division of Macmillan Publishers Limited 1987 agricult

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Palgrave Macmillan, a division of Macmillan Publishers Limited 1987

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https://doi.org/10.1007/978-1-349-18921-2agriculture; Developing Countries; development; Economic Development

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Multiplicity of Objectives,The ultimate objective of policy-makers can be loosely described as growth with equity, or the provision of the opportunities for full human and social development. But there are at least five proximate objectives and two or three constraints of food price policies which are listed below.

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Aggregate Growth,The second objective of food price policies is to encourage industrialization and accelerate aggregate growth. It used to be thought that, quite apart from equity considerations, low food prices will tend to keep industrial wages low and thereby contribute to faster total growth.

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Price Stabilization,As we have seen, price policy is concerned not only with the . of food prices but also with their ., their ., and their . In this section we are concerned with their ..

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