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The prospects for continuous growth in rice yields have been examined within the context of a simulation model where demand parameters for both rural and urban populations and for different income groups have been used. Coupled with available estimates of supply response parameters, the prospects for a rice surplus in year 2000 appear moderate. On average, only 157,000 metric tons of rice surplus would result if current prices were to prevail. If prices were allowed to adjust, only a negligible price decline would result. That is also the case in the more favorable scenario of high growt of rice yields. Domestic demand would be capable of absorbing the increased rice surplus without an appreciable decline in price. The analysis of the proposal to support rice prices through procurement of domestic production has led to the conclusion that even massive increase of domestic procurement would result in very small price increases while at the same time causing serious storage capacity and budgetary problems for the government.
An overview of agricutlural development in Punjab. The conceptual framework. Estimates of the short-run yield area responses. The long-run response.
The Fourth Annual World Bank Conference on Environmentally Sustainable Development was convened in September 1996, with the aim to pursue four key goals:1) poverty reduction; 2) widely shared growth; 3) household, national, and global food security; and 4) sustainable natural resource management. This volume contains the presentations of all the plenary speakers as they are delivered or from written texts. In addition, it contains a summary of each of the thematic and regional roundtables as well as summaries of many of the associated and concurrent events. The volume also reprints the background papers submitted by those who participated in the roundtables. Full text statements from the associated event on Ethics, Values, Spiritually, and Rural Well-Being are also included.
A brief summary of the analytics of price stabilization; Some operational aspects of food price stabilization policies; Alternatives to price stabilization: crop insurance and futures markets; Price stabilization policy: rationale and objectives; Design and implementation of stabilization policy; Impact of stabilization policy on price variability over time and across countries; Some quantitative estimates of the benefits of stabilization; Rethinking price stabilization policy.