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Managing Price Risk in the Pakistan Wheat Market


  • Faruqee, R.
  • Coleman, J.R.


The purpose of government intervention in the wheat market in Pakistan is to ensure food security of consumers and to provide adequate and stable incomes for producers. The cost of this intervention is high and its impact on the performance of agriculture has been significantly negative. The World Bank is urging policy changes such as removing agricultural trade restrictions, price supports and subsidies. However, such reform are often resisted by policy-makers because of a fear that the domestic market will be exposed to fluctuating international commodity prices.

Suggested Citation

  • Faruqee, R. & Coleman, J.R., 1996. "Managing Price Risk in the Pakistan Wheat Market," World Bank - Discussion Papers 334, World Bank.
  • Handle: RePEc:fth:wobadi:334

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    References listed on IDEAS

    1. Anwar M. Chaudry-Shah, 1989. "A Capitalization Approach to Fiscal Incidence at the Local Level," Land Economics, University of Wisconsin Press, vol. 65(4), pages 359-375.
    2. Chaudry-Shah, Anwar, 1988. " Capitalization and the Theory of Local Public Finance: An Interpretive Essay," Journal of Economic Surveys, Wiley Blackwell, vol. 2(3), pages 209-243.
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    Cited by:

    1. World Bank, 2002. "Pakistan Development Policy Review : A New Dawn?," World Bank Other Operational Studies 15425, The World Bank.
    2. World Bank, 2005. "Pakistan : Punjab Economic Report, Towards a Medium-Term Development Strategy," World Bank Other Operational Studies 8556, The World Bank.
    3. Anderson, Jock R., 2003. "Risk in rural development: challenges for managers and policy makers," Agricultural Systems, Elsevier, vol. 75(2-3), pages 161-197.

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    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East


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