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From parastatals to private trade: Lessons from Asian agriculture


  • Rashid, Shahidur
  • Gulati, Ashok
  • Cummings, Ralph Jr.


"Governments in Asia used grain price stabilization as a major policy instrument when they began to promote the Green Revolution in the 1960s. In the process, they created parastatal agencies, which were quasi-governmental in nature, to undertake public marketing activities in basic staples such as rice and wheat. These operations often meant providing a support price to farmers, procuring staples on government account, holding public stocks, and distributing these stocks through public distribution systems or open market operations to hold the price line for consumers. This led to a sizeable degree of government intervention in most of these countries' grain markets, which continues to a large extent today." from Text

Suggested Citation

  • Rashid, Shahidur & Gulati, Ashok & Cummings, Ralph Jr., 2008. "From parastatals to private trade: Lessons from Asian agriculture," Issue briefs 50, International Food Policy Research Institute (IFPRI).
  • Handle: RePEc:fpr:issbrf:50

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    2. Dorosh, Paul A. & Rashid, Shahidur & Childs, Abigail & Van Asselt, Joanna, 2015. "Enhancing food security in South Sudan: The role of public food stocks and cereal imports:," IFPRI discussion papers 1482, International Food Policy Research Institute (IFPRI).
    3. Goundan, Anatole & Tankari, Mahamadou Roufahi, 2016. "A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market:," IFPRI discussion papers 1536, International Food Policy Research Institute (IFPRI).
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    5. Christophe Gouel, 2016. "Trade Policy Coordination and Food Price Volatility," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(4), pages 1018-1037.
    6. Dorosh, Paul A. & Rashid, Shahidur, 2012. "Food and agriculture in Ethiopia: Progress and policy challenges," IFPRI books, International Food Policy Research Institute (IFPRI), number 978-0-81224-529-5 edited by Dorosh, Paul A. & Rashid, Shahidur, OCTOBER.
    7. Minten, Bart & Reardon, Thomas & Vandeplas, Anneleen, 2009. "Linking urban consumers and rural farmers in India: A comparison of traditional and modern food supply chains," IFPRI discussion papers 883, International Food Policy Research Institute (IFPRI).
    8. Hawkes, Corinna & Friel, Sharon & Lobstein, Tim & Lang, Tim, 2012. "Linking agricultural policies with obesity and noncommunicable diseases: A new perspective for a globalising world," Food Policy, Elsevier, vol. 37(3), pages 343-353.
    9. Ashok Gulati & Kavery Ganguly, 2010. "The changing landscape of Indian agriculture," Agricultural Economics, International Association of Agricultural Economists, vol. 41(s1), pages 37-45, November.
    10. Christophe Gouel & Sébastien Jean, 2015. "Optimal Food Price Stabilization in a Small Open Developing Country," World Bank Economic Review, World Bank Group, vol. 29(1), pages 72-101.
    11. Dorosh, Paul A., 2012. "The evolving role of agriculture in Ethiopia's economic development," IFPRI book chapters,in: Food and agriculture in Ethiopia: Progress and policy challenges, chapter 11 International Food Policy Research Institute (IFPRI).
    12. Dorosh, Paul A. & Rashid, Shahidur, 2012. "Bangladesh rice trade and price stabilization: Implications of the 2007/08 experience for public stocks," IFPRI discussion papers 1209, International Food Policy Research Institute (IFPRI).
    13. Paul Dorosh, 2009. "Price stabilization, international trade and national cereal stocks: world price shocks and policy response in South Asia," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 1(2), pages 137-149, June.
    14. Unknown, 2011. "Journal of International Agricultural Trade and Development, Volume 07, Issue 2," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 0(Number 2), pages 1-93.
    15. Dorosh, Paul A. & Childs, Abigail, 2014. "International rice trade and security stocks: Prospects for an expanded Asian international rice reserve:," IFPRI discussion papers 1394, International Food Policy Research Institute (IFPRI).
    16. Debaere, Peter & Glaser, Toni & Willmann, Gerald, 2015. "Choosing between Protectionism and Free Trade in an Uncertain World," CEPR Discussion Papers 10625, C.E.P.R. Discussion Papers.
    17. Gulati, Ashok, 2009. "Indian Agriculture: Changing Landscape," 2009 Conference, August 16-22, 2009, Beijing, China 53205, International Association of Agricultural Economists.
    18. Salam, Abdul, 2012. "Review of input and output policies for cereals production in Pakistan:," IFPRI discussion papers 1223, International Food Policy Research Institute (IFPRI).
    19. Staatz, John M. & Kizito, Andrew M. & Weber, Michael T. & Dembele, Niama Nango, 2011. "Evaluating the Impact on Market Performance of Investments in Market Information Systems: Methodological Challenges," Staff Paper Series 108184, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    20. Anderson, Kym & Jha, Shikha & Nelgen, Signe & Strutt, Anna, 2012. "Reexamining Policies for Food Security," ADB Economics Working Paper Series 301, Asian Development Bank.
    21. Dorosh, Paul A. & Rashid, Shahidur, 2013. "Trade subsidies, export bans and price stabilization: Lessons of Bangladesh–India rice trade in the 2000s," Food Policy, Elsevier, vol. 41(C), pages 103-111.

    More about this item


    Price stabilization; Green Revolution; Parastatals; Agricultural policies; Production risk; Consumer vulnerability; Government commitment; Incentives; Institutions; Investments; Private sector;

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